If Adam's income increases 20% from $900 and then increases by another 20%, what is Adam's latest income?
|
Original Income (%) |
New income (%) |
Income ($) |
Before 1 |
100% |
|
$900 |
Change 1 |
+ 20% |
|
|
After 1 |
120% |
100% |
$1080 |
Change 2 |
|
+ 20% |
|
After 2 |
|
120% |
$1296 |
100% of Adam's original income = $900
1% of Adam's original income = 900 ÷ 100 = $9
100% + 20% = 120%
120% of Adam's original income = 120 x 9 = $1080
100% of Adam's new income = $1080
1% of Adam's new income = 1080 ÷ 100 = $10.80
100% + 20% = 120%
120% of Adam's new income = 120 x 10.80 = $1296
Adam's latest income = $1296
Answer(s): $1296