If Adam's income increases 40% from $900 and then increases by another 40%, what is Adam's latest income?
|
Original Income (%) |
New income (%) |
Income ($) |
Before 1 |
100% |
|
$900 |
Change 1 |
+ 40% |
|
|
After 1 |
140% |
100% |
$1260 |
Change 2 |
|
+ 40% |
|
After 2 |
|
140% |
$1764 |
100% of Adam's original income = $900
1% of Adam's original income = 900 ÷ 100 = $9
100% + 40% = 140%
140% of Adam's original income = 140 x 9 = $1260
100% of Adam's new income = $1260
1% of Adam's new income = 1260 ÷ 100 = $12.60
100% + 40% = 140%
140% of Adam's new income = 140 x 12.60 = $1764
Adam's latest income = $1764
Answer(s): $1764