If Adam's income decreases 50% from $700 and then increases by 50%, what is Adam's latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$700 |
Change 1 |
- 50% |
|
|
After 1 |
50% |
100 u |
$350 |
Change 2 |
|
+ 50 u |
|
After 2 |
|
150 u |
$525 |
100% of Adam's original income = $700
1% of Adam's original income = 700 ÷ 100 = $7
100% - 50% = 50%
50% of Adam's original income = 50 x 7 = $350
100 u of Adam's new income = $350
1 u of Adam's new income = 350 ÷ 100 = $3.50
100 u + 50 u = 150 u
150% of Adam's new income = 150 x 3.50 = $525
Adam's latest income = $525
Answer(s): $525