Question

A) I sell one piece of wood for £1000, however the price has increased by 5000% how much do I make from selling 64 pieces of wood?

B) I sell one piece of wood for £2000, however the price has increased by 5000% how much do I make from selling 64 pieces of wood?
C) I sell one piece of wood for £1000, however the price has increased by 50% how much do I make from selling 64 pieces of wood?

Answer 1

A) £3264000.

. £1000 increased by 5000% =£51,000

. £51,000×64=£3264000

B) £6528000

. £2000 increased by 5000% =£102,000

. £102,000×64=£6528000

Explanation