If Adam's income increases 10% from $1600 and then falls by 30%, what is his latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$1600 |
Change 1 |
+ 10% |
|
|
After 1 |
110% |
100 u |
$1760 |
Change 2 |
|
- 30 u |
|
After 2 |
|
70 u |
$1232 |
100% of Adam's original income = $1600
1% of Adam's original income
= 1600 ÷ 100
= $16
100% + 10% = 110%
110% of Adam's original income
= 110 x 16
= $1760
110% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = 1760
1 u of Adam's new income
= 1760 ÷ 100
= $17.60
100 u - 30 u = 70 u
70 u of Adam's new income
= 70 x 17.60
= $1232
Adam's latest income = $1232
Answer(s): $1232