Question

What is the final amount if 2250 is decreased by 2% followed by a further 3% decrease?

Give your answer rounded to 2 DP.

Answer 1

2138.85

Explanation:

Answer 2

2138.85

Explanation:

2250 decreased by 2% is

2% of 2250 subtracted from 2250

That’s

2% /100% x 2250

0.02 x 2250

45

So, decrease = 2250 - 45

= 2205

Now 2205 decreased by 3%

3% of 2205

3% /100% x 2205

0.03 x 2205

66.15

Decrease = 2205 - 66.15

= 2138.85