If Adam's income increases 10% from $2600 and then falls by 50%, what is his latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$2600 |
Change 1 |
+ 10% |
|
|
After 1 |
110% |
100 u |
$2860 |
Change 2 |
|
- 50 u |
|
After 2 |
|
50 u |
$1430 |
100% of Adam's original income = $2600
1% of Adam's original income
= 2600 ÷ 100
= $26
100% + 10% = 110%
110% of Adam's original income
= 110 x 26
= $2860
110% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = 2860
1 u of Adam's new income
= 2860 ÷ 100
= $28.60
100 u - 50 u = 50 u
50 u of Adam's new income
= 50 x 28.60
= $1430
Adam's latest income = $1430
Answer(s): $1430