Question

Increase £19028.42 by 9.5% Give your answer rounded to 2 DP.

Answer 1

Answer:

New value =

19,028.42 + Percentage increase =

19,028.42 + (9.5% × 19,028.42) =

19,028.42 + 9.5% × 19,028.42 =

(1 + 9.5%) × 19,028.42 =

(100% + 9.5%) × 19,028.42 =

109.5% × 19,028.42 =

109.5 ÷ 100 × 19,028.42 =

109.5 × 19,028.42 ÷ 100 =

2,083,611.99 ÷ 100 =

20,836.1199 ≈

20,836.12;

Answer 2

How to work out/explanation:

19028.42

19028.42 × 9.5%

=1807.6999

19028.42+1807.6999

=20836.1199

20836.1199 rounded to 2dp

=20836.12

Answer: 20836.12