If Adam's income increases 50% from $500 and then increases by another 50%, what is Adam's latest income?
| |
Original Income (%) |
New income (%) |
Income ($) |
| Before 1 |
100% |
|
$500 |
| Change 1 |
+ 50% |
|
|
| After 1 |
150% |
100% |
$750 |
| Change 2 |
|
+ 50% |
|
| After 2 |
|
150% |
$1125 |
100% of Adam's original income = $500
1% of Adam's original income = 500 ÷ 100 = $5
100% + 50% = 150%
150% of Adam's original income = 150 x 5 = $750
100% of Adam's new income = $750
1% of Adam's new income = 750 ÷ 100 = $7.50
100% + 50% = 150%
150% of Adam's new income = 150 x 7.50 = $1125
Adam's latest income = $1125
Answer(s): $1125
