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29 January, 23:01

My parents increased my pocket money by 10% and then three months later increased it by further 10%

my father said this was an increase of 21% can you explain this

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  1. 29 January, 23:24
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    You do 1.10x1.10=1.21

    This means there is a 21% increase. This is an overall increase, you don't add them
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