Question

Ed buys £1500 of shares in a company. The value of shares increases by 35%. What is the new value of the shares?​

Answer 1

Answer:

£2025

Step-by-step explanation:

increasing by 35% means the answer will be 135% of the original. so multiply the 1500 by 1.35. 1500x1.35=2025, so the answer is £2025.

there's alternative methods if you find them easier. you can multiply it by 135 and then divide it by 100, or you can multiply it by .35 and add that to the original, or you can multiply it by 135, divide it by 100, and add it to the original. i just find the first one the easiest! this works for any percent increase OR decrease (if it's a decrease, subtract the percentage from 100%).