$470 is raised by 30%. What is the value after the increase?
2 answers:
Answer:
$141
Percentage increase = 30% × 470
New value = 470 + Percentage increase
New value =
470 + Percentage increase =
470 + (30% × 470) =
470 + 30% × 470 =
(1 + 30%) × 470 =
(100% + 30%) × 470 =
130% × 470 =
130 ÷ 100 × 470 =
130 × 470 ÷ 100 =
61,100 ÷ 100 =
611
Calculate absolute change (actual difference)
Absolute change (actual difference) =
New value - 470 =
611 - 470 =
141
<h3>
Answer: $611</h3>
Work Shown:
30% of 470 = 0.30*470 = 141
The value goes up by $141, so the answer would be 470+141 = $611
A slight shortcut would be to say
1.30*470 = 611
This works because 1.30 = 1 + 0.30 = 100% + 30%
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