Given that 𝑋 = π‘Žπ‘, find the percentage increase in X when both a and b increase by 12%.

new a value is 1.2a

new b value is 1.2b
new X value = (1.2a)(1.2b) = 1.44ab
increase is 44%

e.g.
suppose a = 60 and b = 80
old X = 4800
new a = 1.2(60) = 72
new b = 1.2(80) = 96
new X = (72)(96) = 6912

6912/4800 = 1.44 or 144%
so it increased by 44%

Thank you

To find the percentage increase in X when both a and b increase by 12%, we can follow these steps:

Step 1: Calculate the new values of a and b after a 12% increase.
- Let's assume the original values of a and b are:
- a = A
- b = B

- After a 12% increase, the new values of a and b will be:
- New a = A + 0.12A = 1.12A
- New b = B + 0.12B = 1.12B

Step 2: Calculate the new value of X using the new values of a and b.
- Given that X = ab, the new value of X will be:
- New X = (1.12A)(1.12B) = (1.12)^2 * (AB)

Step 3: Calculate the percentage increase in X.
- The percentage increase in X can be calculated using the formula:
- Percentage Increase = (New X - Old X) / Old X * 100

- Old X = AB (original value of X)
- New X = (1.12)^2 * (AB)

- Percentage Increase = [(1.12)^2 * (AB) - AB] / AB * 100

Simplifying this equation will give us the percentage increase in X when both a and b increase by 12%.

To find the percentage increase in X when both a and b increase by 12%, we can follow these steps:

1. Start with the given equation: 𝑋 = π‘Žπ‘.
2. Let's assume initial values for a and b and calculate the initial value of X. For example, assume a = 100 and b = 200. In this case, X = 100 * 200 = 20,000.
3. Now, let's calculate the new values of a and b after increasing them by 12%.
- Increased value of a = (initial value of a) + (12% of initial value of a) = 100 + (0.12 * 100) = 112.
- Increased value of b = (initial value of b) + (12% of initial value of b) = 200 + (0.12 * 200) = 224.
4. Substitute the increased values of a and b back into the equation 𝑋 = π‘Žπ‘.
- New value of X = 112 * 224 = 25,088.
5. Calculate the percentage increase in X using the formula:
- Percentage Increase = [(New Value - Initial Value) / Initial Value] * 100.
- Percentage Increase = [(25,088 - 20,000) / 20,000] * 100 = 25.44%.

Therefore, the percentage increase in X when both a and b increase by 12% is approximately 25.44%.