What is the final amount if 700 is increased by 4% followed by a further 3% increase? Give your answer rounded to 2 DP.

Question

asked Jul 6, 2021 72.1k views

2 Answers

YoungFrog · Answer 1 · 2021-07-12T07:48:15+0000

Answer:

749.84

Explanation:

Find the new amount after the first increase

700 * .04

28

Add that to the original amount

728

Now find the second increase

728 * .03

21.84

Add that to 728

728+21.84

749.84