Read the following prompt and type your response in the space provided.
1. $120.00 increased by 70% is what percent of $120.00?
2. How much money is $120.00 increased by 70%?
1. To find what percent $120.00 increased by 70% is of $120.00, we can calculate the increase by multiplying $120.00 by 70% and then divide it by $120.00.
Increase = $120.00 * 70% = $84.00
Percentage = ($84.00 / $120.00) * 100 = 70%
Therefore, $120.00 increased by 70% is 70% of $120.00.
2. To calculate how much money $120.00 is increased by 70%, we can multiply $120.00 by 70% and add this result to $120.00.
Increase = $120.00 * 70% = $84.00
Total = $120.00 + $84.00 = $204.00
Therefore, $120.00 increased by 70% is $204.00.