Question

In: Finance

What number is 3712​% more than 344​? Please explain step by step.

What number is 3712​% more than 344​?

Please explain step by step.

Solutions

Expert Solution

Suppose the number be x.
It should be 3712​% more than 344​.
The equation to determine a percentage is (Final value - Initial value)/Initial value
So, here the it will be:
=(x-344)/344
This value should be 3712​%.
=>3712​/100=((x-344)/344)
=>37.12​=((x-344)/344)
=>37.12*344+344=x
=>12769.28+344=x
=>x=13113.28

Answer: Hence, 13113.28 is 3712​% more than 344

We can cross check the answer as:
344*(1+3712​%)
=344*(1+37.12)
=344*38.12
=13113.28


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