If Adam's income increases 20% from $800 and then increases by another 20%, what is Adam's latest income?
| |
Original Income (%) |
New income (%) |
Income ($) |
| Before 1 |
100% |
|
$800 |
| Change 1 |
+ 20% |
|
|
| After 1 |
120% |
100% |
$960 |
| Change 2 |
|
+ 20% |
|
| After 2 |
|
120% |
$1152 |
100% of Adam's original income = $800
1% of Adam's original income = 800 ÷ 100 = $8
100% + 20% = 120%
120% of Adam's original income = 120 x 8 = $960
100% of Adam's new income = $960
1% of Adam's new income = 960 ÷ 100 = $9.60
100% + 20% = 120%
120% of Adam's new income = 120 x 9.60 = $1152
Adam's latest income = $1152
Answer(s): $1152
