Question

Increase £15837.77 by 8.5%
Give your answer rounded to 2 DP.

Answer 1

$17183.98

Explanation:

Given data

Initial value= £15837.77

Let us first find 8.5% of £15837.77

The increase is

=8.5/100* 15837.77

=0.085*15837.77

=$1346.21

Hence the new value is

=1346.21+ 15837.77

=$17183.98