If Adam's income increases 10% from $600 and then increases by another 10%, what is Adam's latest income?
|
Original Income (%) |
New income (%) |
Income ($) |
Before 1 |
100% |
|
$600 |
Change 1 |
+ 10% |
|
|
After 1 |
110% |
100% |
$660 |
Change 2 |
|
+ 10% |
|
After 2 |
|
110% |
$726 |
100% of Adam's original income = $600
1% of Adam's original income = 600 ÷ 100 = $6
100% + 10% = 110%
110% of Adam's original income = 110 x 6 = $660
100% of Adam's new income = $660
1% of Adam's new income = 660 ÷ 100 = $6.60
100% + 10% = 110%
110% of Adam's new income = 110 x 6.60 = $726
Adam's latest income = $726
Answer(s): $726