A HOUSE OWNER RAISED HOUSE RENT BY 10% AND A YEAR LATER, AGAIN RAISED THE HOUSE BY ANOTHER 10% .IF THE TOTAL INCRESE HAD BE MADE IN ONE GO, TO WHAT PERCENT WOULD IT HAVE EQUIVALENT.
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Let the original rental be x
Rental after 1st raise:
Raise = 10% of x = 0.1x
Rental = x + 0.1x = 1.1x
Rental after 2nd raise:
Raise = 10% of 1.1x = 0.1(1.1x) = 0.11x
Rental = 1.1x + 0.11x = 1.21x
Find the total increase:
Increase = 1.21x - x = 0.21x
Find the percentage increase:
Percentage increase = (0.21x ÷ x ) x 100 = 21%
Answer: The percentage at one go will be 21%
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21 percentage......
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