If Adam's income decreases 25% from $600 and then decreases by another 20%, what is the new income?
|
Original Income (%) |
New income (u) |
Income ($) |
Before 1 |
100% |
|
$600 |
Change 1 |
- 25% |
|
|
After 1 |
75% |
100 u |
$450 |
Change 2 |
|
- 20 u |
|
After 2 |
|
80 u |
$360 |
100% of Adam's original income = $600
1% of Adam's original income
= 600 ÷ 100
= $6
100% - 25% = 75%
75% of Adam's original income
= 75 x 6
= $450
75% of Adam's original income = 100 u of Adam's new income
100 u of Adam's new income = $450
1 u of Adam's new income
= 450 ÷ 100
= $4.50
100 u - 20 u = 80 u
80 u of Adam's new income
= 80 x 4.50
= $360
Adam's latest income = $360
Answer(s): $360