The Value of a certain rare stamp is 160% of its value three years ago. If the stamp was worth $220 then, what is it worth today?



Answer :

I'm generally bad at percentage problems, but here's what kind of makes sense to me:
Take apart the full percentage to 100% + 60%
$220 increased by 100% = $440 (it doubles)
60% of $220 = $22 (<--10%) x 6 = $132
$440+$132=$572
I hope this was helpful and I hope this is right!!
Take apart the full percentage to 100% + 60%
$220 increased by 100% = $440 (it doubles)
60% of $220 = $22 (<--10%) x 6 = $132
$440+$132=$572

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