If Adam's income decreases 20% from $2400 and then decreases by another 5%, what is the new income?
| |
Original Income (%) |
New income (u) |
Income ($) |
| Before 1 |
100% |
|
$2400 |
| Change 1 |
- 20% |
|
|
| After 1 |
80% |
100 u |
$1920 |
| Change 2 |
|
- 5 u |
|
| After 2 |
|
95 u |
$1824 |
100% of Adam's original income = $2400
1% of Adam's original income
= 2400 ÷ 100
= $24
100% - 20% = 80%
80% of Adam's original income
= 80 x 24
= $1920
80% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $1920
1 u of Adam's new income
= 1920 ÷ 100
= $19.20
100 u - 5 u = 95 u
95 u of Adam's new income
= 95 x 19.20
= $1824
Adam's latest income = $1824
Answer(s): $1824
