Question

john rents a house for R2560 per month.what is his anual rent?If the rent will increase by 15.5%,what will his new monthly rent be?​

Answer 1

Annual rent is R30720

His new monthly rent will be R2956.8

Explanation:

Annual rent is the total rent paid in a year

If 1 month = R2560,

then 12 months = 12×2560

= R30720

If the rent is increased by 15.5%, the new total rent will be 115.5%.

if 100% is the original cost, this implies that 115.5% will be

115.5/100 × 2560 = R2956.8