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    How do i work this out please?


    William's building and contents insurance is due for renewal. Last year it cost £215 and £159 respectively. The building insurance premium is unchanged but the contents has increased by 8%, what is his total premium this year?
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    You know that:

    £215 - Building
    £159 - Contents

    You then have to find 8% of the contents and add it to the original contents price (159 + 8%)

    Then add that number and the building number together to get a total and you should have your answer.

    Hope that helps
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    (Original post by Danieeel)
    You know that:

    £215 - Building
    £159 - Contents

    You then have to find 8% of the contents and add it to the original contents price (159 + 8%)

    Then add that number and the building number together to get a total and you should have your answer.

    Hope that helps
    I still dont get it


    do i need to find the 8 percent of the 159?
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    (Original post by Blackstarr)
    I still dont get it


    do i need to find the 8 percent of the 159?
    Yes you need to find 8% of 159 because the price of it has increased by 8%
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    (Original post by Danieeel)
    Yes you need to find 8% of 159 because the price of it has increased by 8%
    how do i find that?
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    (Original post by Blackstarr)
    how do i find that?
    You know that 159 is 100% of the price (it cost £159).

    Therefore, you can work out 10% by doing 159/10 which is 15.9

    From there, you can work out 1% by doing 15.9/10 which is 1.59.

    You can then either do 1.59 x 8 (1.59 is 1% so if you times it by 8 you will find 8%)

    Hope that makes it easier to understand
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    (Original post by Danieeel)
    You know that 159 is 100% of the price (it cost £159).

    Therefore, you can work out 10% by doing 159/10 which is 15.9

    From there, you can work out 1% by doing 15.9/10 which is 1.59.

    You can then either do 1.59 x 8 (1.59 is 1% so if you times it by 8 you will find 8%)

    Hope that makes it easier to understand
    Now i get it, but now how about the percentage decrease, how do i work it out....do i do the opposite? if so how?
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    (Original post by Blackstarr)
    Now i get it, but now how about the percentage decrease, how do i work it out....do i do the opposite? if so how?
    For percentage decrease you would do the same thing apart from you would take away the amount.

    For instance, if your original price was £159 and you had a 8% decrease, you would still find 8%, however this time you would do 159 - 8% instead of adding it.
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    (Original post by Danieeel)
    For percentage decrease you would do the same thing apart from you would take away the amount.

    For instance, if your original price was £159 and you had a 8% decrease, you would still find 8%, however this time you would do 159 - 8% instead of adding it.
    so for the increase its 1.59x8=12.72?

    for the decrease £159-12.72=146.28?
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    (Original post by Blackstarr)
    so for the increase its 1.59x8=12.72?

    for the decrease £159-12.72=146.28?
    Remember for the increase you need to add the 12.72 to 159 as it is 8% more than the original amount.
    The decrease is correct I believe
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    (Original post by Danieeel)
    Remember for the increase you need to add the 12.72 to 159 as it is 8% more than the original amount.
    The decrease is correct I believe

    Okay thanks
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    (Original post by Danieeel)
    Remember for the increase you need to add the 12.72 to 159 as it is 8% more than the original amount.
    The decrease is correct I believe
    if i was to increase 48 mins by 25% will the math be like [email protected]

    4.8/10=0.48

    0.48x25=12

    48+12=60?
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    (Original post by Blackstarr)
    if i was to increase 48 mins by 25% will the math be like [email protected]

    4.8/10=0.48

    0.48x25=12

    48+12=60?
    That's right!
 
 
 
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