Question

Given that x=ab, find the percentage increase in X when both a and b increase by 10%

Answer 1

Answer:

x=ab

Step-by-step explanation:

a and b are increased by 10%

a=0.1a  (a*10/100=0.1 a)

b=0.1b

x=0.1a*0.1b

x=0.01ab

x=(1/100)ab

x=1%ab

hence x increases by 1%

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