If Adam's income decreases 30% from $1200 and then decreases by another 40%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$1200 |
Change 1 |
- 30% |
|
|
After 1 |
70% |
100 u |
$840 |
Change 2 |
|
- 40 u |
|
After 2 |
|
60 u |
$504 |
100% of Adam's original income = $1200
1% of Adam's original income
= 1200 ÷ 100
= $12
100% - 30% = 70%
70% of Adam's original income
= 70 x 12
= $840
70% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $840
1 u of Adam's new income
= 840 ÷ 100
= $8.40
100 u - 40 u = 60 u
60 u of Adam's new income
= 60 x 8.40
= $504
Adam's latest income = $504
Answer(s): $504