If Adam's income decreases 20% from $1100 and then decreases by another 15%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$1100 |
Change 1 |
- 20% |
|
|
After 1 |
80% |
100 u |
$880 |
Change 2 |
|
- 15 u |
|
After 2 |
|
85 u |
$748 |
100% of Adam's original income = $1100
1% of Adam's original income
= 1100 ÷ 100
= $11
100% - 20% = 80%
80% of Adam's original income
= 80 x 11
= $880
80% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $880
1 u of Adam's new income
= 880 ÷ 100
= $8.80
100 u - 15 u = 85 u
85 u of Adam's new income
= 85 x 8.80
= $748
Adam's latest income = $748
Answer(s): $748