Question

What is the final amount if 468 is increased by 8% followed by a further 9%

Answer 1

Answer:

The final amount is  550.93.

Step-by-step explanation:

Here, the given amount is 468.

Now 8% of the given amount is $\frac{8}{100} \times 468 = 37.44$

⇒ 8% of 468 =  37.44

So, the New amount = Initial Amount  + 8% increase

                                  = 468. +  37.44   = 505.44

Now 9 % of the new  amount 505.44  is

[tex]\frac{9}{100}  \times 505.44  = 45.4896/tex]

⇒ 9% of 505.44  = 45.4896

So, the Final  amount = New Amount  + 9% increase

                                     =  505.44 +   45.4896   = 550.93

Hence,  final amount is  550.93.