If Adam's income decreases 50% from $500 and then increases by 50%, what is Adam's latest income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$500 |
Change 1 |
- 50% |
|
|
After 1 |
50% |
100 u |
$250 |
Change 2 |
|
+ 50 u |
|
After 2 |
|
150 u |
$375 |
100% of Adam's original income = $500
1% of Adam's original income = 500 ÷ 100 = $5
100% - 50% = 50%
50% of Adam's original income = 50 x 5 = $250
100 u of Adam's new income = $250
1 u of Adam's new income = 250 ÷ 100 = $2.50
100 u + 50 u = 150 u
150% of Adam's new income = 150 x 2.50 = $375
Adam's latest income = $375
Answer(s): $375