How much would #2000 amount to if it increase by45%?

1 answer

To calculate the amount after a 45% increase, you can use the following formula:

\[ \text{New Amount} = \text{Original Amount} + \left( \text{Original Amount} \times \text{Percentage Increase} \right) \]

In this case, the original amount is £2000 and the percentage increase is 45% (or 0.45 in decimal form).

  1. Calculate the increase:
    \[ 2000 \times 0.45 = 900 \]

  2. Add the increase to the original amount:
    \[ 2000 + 900 = 2900 \]

Therefore, £2000 would amount to £2900 after a 45% increase.