Question

What is the final amount if 1015 is decreased by 6% followed by a 19% increase?

Give your answer rounded to 2 DP. plse be QUICK

Answer 1

1135.38

Explanation:

Original amount = 1015;

First decrease = 6%

Followed by an increase = 19%

Unknown:

Final amount:

Solution:

If 100% of a value implies multiplying by 1;

6% decrease = 0.94

19% increase = 1.19

Now;

Final amount = 1015 x 0.94 x 1.19 = 1135.38