In this lesson we're going to learn increasing and decreasing quantities in percentage.
The way we're doing it is we add the amount for example 13%, and we add to 100%.
Way of decreasing the quantity is we subtract the amount we want for example 13%, from 100%.
1. Our first example is "Increase $560 by 13%.
[100% + 13% = 113%]
113% x $560
= 113/100 x 560
= 63280/100
= $632.80
Therefore the answer is $632.80.
2. Second example is "Decrease $78 by 14%.
[100% - 14% = 86%]
$78 x 86%
= 86/100 x $78
= 6708/100
= $67.08
3. Third example is "$900 is to be increased by 15% each month for the next 6 months. What will be the final amount?"
Firstly we add 12% to 100%. We just don't do it once in this question it says for 6 months so we add 12% to 100% 6 times.
Secondly we multiply 112% to $900.
(100 + 12) x 6
= 112% 112% x 112% x 112% x 112% x 112% x $900
= $1776.440417
= $1176
4. Forth and last example is "Decrease $300 by 12%, then increase the amount by 24%.
(100% - 12% = 88%)
(100% + 24% = 124%)
1) 88% x $300
= 88/100 x 300
= 26400/100
= $264
2) 124% x $264
= 124/100 x 264
= 32736/100
= $327.36
Therefore the answer is $327.36
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