Johny save 15% of his earnings each month. In January he
got 32000 rupees. How much would he save?
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Answer:
Percent (%)' means 'out of one hundred':
p% = p 'out of one hundred',
p% is read p 'percent',
p% = p/100 = p ÷ 100.
15% = 15/100 = 15 ÷ 100 = 0.15.
100% = 100/100 = 100 ÷ 100 = 1.
Increase the number by 15% of its value.
Percentage increase = 15% × 32,000
New value = 32,000 + Percentage increase
Calculate the New Value
New value =
32,000 + Percentage increase =
32,000 + (15% × 32,000) =
32,000 + 15% × 32,000 =
(1 + 15%) × 32,000 =
(100% + 15%) × 32,000 =
115% × 32,000 =
115 ÷ 100 × 32,000 =
115 × 32,000 ÷ 100 =
3,680,000 ÷ 100 =
36,800
Calculate absolute change (actual difference)
Absolute change (actual difference) =
New value - 32,000 =
36,800 - 32,000 =
4,800
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