What is the final amount if 1885 is increased by 5% followed by a further 18% increase?
Give your answer rounded to 2 DP
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Answer is 2335.515
1885 when increased by 5% THEN THIS is equal to 1885*(100+5) /100 =1979.25
Then further this quantity is increased by 18% = 1979.25*(100+18)/100 = 2335.515
The final answer = 2335.515
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