What single percentage change is equivalent to a 15% increase followed by a 16% increase?
1 answer:
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£1 = € 1.12
£ x = € 336
Create proportions
Cross multiply
Divide
You will eventually find the answer
Proportions
cross multiply
336 = 1.12x
Divide to isolate x
1.12 and 1.12 cancels out
300 = x
£300 = €336
£ x = € 336
Create proportions
Cross multiply
Divide
You will eventually find the answer
Proportions
cross multiply
336 = 1.12x
Divide to isolate x
1.12 and 1.12 cancels out
300 = x
£300 = €336