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1 vote
Increase £16470.45 by 3.5%
Give your answer rounded to 2 DP

User AngiSen
by
8.4k points

1 Answer

4 votes

Explanation:

"increase" means to take the original 100% and put an additional 3.5% of these 100% on top of it.

so, we have to calculate

100% + 3.5% of £16470.45

100% of £16470.45 = £16470.45 × 100/100

3.5% of £16470.45 = £16470.45 × 3.5/100

the sum is therefore

£16470.45 × (100/100 + 3.5/100) =

= £16470.45 × (1 + 0.035) = £16470.45 × 1.035 =

= £17,046.91575 ≈ £17,046.92

User Soggiorno
by
9.0k points

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