Question

The planning committee voted to increase the customer service budget by 10% from last year. If the budget last year was 56,000, what is the budget for the new year?

Answer 1

your answer will be 560,000 because you convert 10% to a decimal which is .10 and times .10 by 56,000 and you get your answer 560,000

Answer 2

61,600

Explanation:

To solve this problem first we need to know how much is 10% of 56,000 and then add this quantity to the budget of the last year.

We find this 10% by dividing 56,00 by 100 and then we multiply by 10%:

10 % of 56,000 =
`(56,000)/(100)(10)`

10 % of 56,000 =
`560(10)`

10 % of 56,000 =
`5,600`

The budget for the new year was increased by 5,600. Thus, the new budget is:

56,000 + 5,600 = 61,600