6. If a number is increased by 20% and the resulting number is again increased by 20%, what percent is the total increase
Answers
Answer:
40%
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Answer:
44%
Step-by-step explanation:
Let the number be 100.
First, 20% increase in 100
= (20% of 100) + 100
= 20 + 100 = 120
Second, 20% increase in 120
= (20% of 120) + 120
= 24 + 120
= 144
So, 144 is what percentage of the initial value 100 ?
100 = 100%
144 = ?
= (144×100) ÷ 100
= 144
Here 44 more than 100. So, total increase percentage is 44%
[OR]
Another Short Method for these kind of Problems, This formula is applicable for the following cases.
i) Both are gain or profit or increase (in %)
ii) Both are loss or decrease
iii) One is gain (or profit or increase) and another one is loss (or decrease)
± x ± y ± (xy/100)
('+' sign for Profit or Gain or Increase, and '-' sign for Loss or Decrease)
For this problem,
x = +20
y = +20 (Here, both percentage are increase)
= +20 +20 +[(20×20)÷100]
= 40 + (400/100)
= 40 + 4
= +44
It is positive value. So, 44% icrease