If Adam's income increases 30% from $3200 and then falls by 40%, what is his latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$3200 |
Change 1 |
+ 30% |
|
|
After 1 |
130% |
100 u |
$4160 |
Change 2 |
|
- 40 u |
|
After 2 |
|
60 u |
$2496 |
100% of Adam's original income = $3200
1% of Adam's original income
= 3200 ÷ 100
= $32
100% + 30% = 130%
130% of Adam's original income
= 130 x 32
= $4160
130% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = 4160
1 u of Adam's new income
= 4160 ÷ 100
= $41.60
100 u - 40 u = 60 u
60 u of Adam's new income
= 60 x 41.60
= $2496
Adam's latest income = $2496
Answer(s): $2496