Hank’s monthly rent was $458, but he just got a notice from his landlord saying that it will go up by 21%. This means that he will now pay 121% of the previous amount. Which is the best estimate of Hank’s new monthly rent? $540 $552 $585 $598
Mathematics · Middle School · Mon Jan 18 2021
Answered on
Given the statement:
Hank’s monthly rent was $458, but he just got a notice from his landlord saying that it will go up by 21%. This means that he will now pay 121% of the previous amount.
Determine the best estimate for Hanks' new monthly rent.
Solution:
In order to determine Hank's new monthly payment rent, we simply needed to convert 121% to decimal, then multiply it to 458.
In converting a percentage into decimal, divide the percentage by 100, hence in converting a decimal to percentage, multiply the percentage by 100.
= 121/100
= 1.21
= ($458)(1.21)
= $554.18
Final answer:
= $554.18