Question

Mason currently pas $420 per month in rent. the contract on his apartment sates that his rent will increase by 6% next year.

a. by how much will masons rent increase next year?
b. what will be masons new rent per month, next year?

Answer 1

a) His rent will increase by 6%
So,
6% of $420
6/100 x 420
= $25.20

b) his new rent
$420 + $25.20
= $445.20

Answer 2

a. $25.20

b. $445.20

Explanation:

$420*(6%/100%) = $25.20

$420+$25.20 = $445.20