If Adam's income decreases 30% from $2200 and then decreases by another 40%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$2200 |
Change 1 |
- 30% |
|
|
After 1 |
70% |
100 u |
$1540 |
Change 2 |
|
- 40 u |
|
After 2 |
|
60 u |
$924 |
100% of Adam's original income = $2200
1% of Adam's original income
= 2200 ÷ 100
= $22
100% - 30% = 70%
70% of Adam's original income
= 70 x 22
= $1540
70% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $1540
1 u of Adam's new income
= 1540 ÷ 100
= $15.40
100 u - 40 u = 60 u
60 u of Adam's new income
= 60 x 15.40
= $924
Adam's latest income = $924
Answer(s): $924