Question About Adding Percentages?

Question

If you have $23,788.80 and you increase it by 10%, what do you get?

And what do you get if you increase that amount by 3%?

Answer 1

$23,788.80 increased by 10% =
increased by 0.10 =
$2,378.88
So total = $23,788.80 + $2,378.88 = $26,167.68

Increasing that by 3% =
Increase by 0.03 =
$785.03
So total = $26,167.68 + $785.03 = $26,952.71

Answer 2

The first thing you need to do is find the PERCENTAGE of the whole amount (23,788.80 = N) you have. Then you add 1/10 of "N to the whole . If you wanted to add (+) 3% to THAT new total, you would need to determine what 3% of the new toal. It is a step by step process. Simple as as that. So what's your question?

Answer 3

increase by 10% means
23,788.80+10*23,788.80/100
23,788.80+2378.880
=26 167.68

increase by 3%
=23,788.80+3*23,788.80/100
=24 502.464

Answer 4

Divide by 10, add that number to increase by 10 %. Divide by100, add 3 of the number you got, add. 23,788.80/10=*
* +23,788.80= 23788.80 +10%

Answer 5

Another perspective is this:

23788.8 x 1.1 x 1.03 = 26167.68 x 1.03 = 26952.7104

If you take the rightmost factors (the 1.1 and 1.03) you find you've increased the original amount by .133 or 13.3% (which is more than 13%; your increases are "compounding.").

Answer 6

on a calculator you can always multiply the number times 1. (the percentage converted to a decimal), because 1 times a number is itself

For example:
$23,788.80 * 1.10 = 26,167.68

$23,788.80 * 1.03 = 24,502.464 = 24,502.46

$26,167.68 * 1.10 = 28,784.448 = 28,784.45

Answer 7

23788.80 + 2378.88 = 26167.68
26167.68 + 785.03 = 26952.71

Answer 8

23,788.73