Question
A value is increased by 10% and then further increased by
15%. Determine the overall percentage increase.Solution
ATQ,
Let the original value be 100n
Final value = 1.10 Ă— 1.15 Ă— 100n = 126.5n
Required percentage = [(126.5n - 100n) Ă· 100n] Ă— 100 = 26.5%
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