480 this year and 10% more next year. 10% of 480 is 48 so 480 +48=528 to stay next year
(480 - 400) / 400 = 80 / 400 = .2 * 100 = 20%.
480 + .10 * 480 = 480 + 48 = 528
(528 - 480) / 480 = .1 * 100 = 10%
(x - 480) / 480 = .10
x/480 - 480/480 = .10
x/480 - 1 = .10
x/480 = 1.10
x = 1.10 * 480
= 528
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