If Adam's income decreases 15% from $1400 and then decreases by another 20%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$1400 |
Change 1 |
- 15% |
|
|
After 1 |
85% |
100 u |
$1190 |
Change 2 |
|
- 20 u |
|
After 2 |
|
80 u |
$952 |
100% of Adam's original income = $1400
1% of Adam's original income
= 1400 ÷ 100
= $14
100% - 15% = 85%
85% of Adam's original income
= 85 x 14
= $1190
85% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $1190
1 u of Adam's new income
= 1190 ÷ 100
= $11.90
100 u - 20 u = 80 u
80 u of Adam's new income
= 80 x 11.90
= $952
Adam's latest income = $952
Answer(s): $952