In: Finance
What number is 3712% more than 344?
Please explain step by step.
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