If Adam's income decreases 30% from $2300 and then decreases by another 40%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$2300 |
Change 1 |
- 30% |
|
|
After 1 |
70% |
100 u |
$1610 |
Change 2 |
|
- 40 u |
|
After 2 |
|
60 u |
$966 |
100% of Adam's original income = $2300
1% of Adam's original income
= 2300 ÷ 100
= $23
100% - 30% = 70%
70% of Adam's original income
= 70 x 23
= $1610
70% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $1610
1 u of Adam's new income
= 1610 ÷ 100
= $16.10
100 u - 40 u = 60 u
60 u of Adam's new income
= 60 x 16.10
= $966
Adam's latest income = $966
Answer(s): $966