If Adam's income increases 30% from $700 and then increases by another 30%, what is Adam's latest income?
|
Original Income (%) |
New income (%) |
Income ($) |
Before 1 |
100% |
|
$700 |
Change 1 |
+ 30% |
|
|
After 1 |
130% |
100% |
$910 |
Change 2 |
|
+ 30% |
|
After 2 |
|
130% |
$1183 |
100% of Adam's original income = $700
1% of Adam's original income = 700 ÷ 100 = $7
100% + 30% = 130%
130% of Adam's original income = 130 x 7 = $910
100% of Adam's new income = $910
1% of Adam's new income = 910 ÷ 100 = $9.10
100% + 30% = 130%
130% of Adam's new income = 130 x 9.10 = $1183
Adam's latest income = $1183
Answer(s): $1183