Question

What is the final amount if 1548 is increased by 5% followed by a further 6% increase?
Give your answer rounded to 2 DP....

Answer 1

Answer:

As per your demand, Tge rounded answer is 1723.

Step-by-step explanation:

Initial amount given = 1548

In the first case,

Increase % = 5 %

Now, 5% of 1548 = 5/100 × 1548 = 77.4

Therefore,

New amount = 1548 + 77.4 = 1625.4

Now, further increase = 6 %

So,

6% of 1625.4 = 6/100 × 1625.4 = 97.524

Therefore,

Final amount = 1625.4 + 97.524 = 1722.924

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