If Adam's income decreases 40% from $2400 and then decreases by another 20%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$2400 |
Change 1 |
- 40% |
|
|
After 1 |
60% |
100 u |
$1440 |
Change 2 |
|
- 20 u |
|
After 2 |
|
80 u |
$1152 |
100% of Adam's original income = $2400
1% of Adam's original income
= 2400 ÷ 100
= $24
100% - 40% = 60%
60% of Adam's original income
= 60 x 24
= $1440
60% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $1440
1 u of Adam's new income
= 1440 ÷ 100
= $14.40
100 u - 20 u = 80 u
80 u of Adam's new income
= 80 x 14.40
= $1152
Adam's latest income = $1152
Answer(s): $1152