Increase £ 399 by 26.5% rounded to the nearest penny

It is a simple question where finding out the increase of 399 pound by 26.5% is required. The answer needs to be rounded off to the nearest penny.

So

Total amount of increase = 399 * (26.5/100)

= 10573.5/100

= 105.735

So increase of 399 pound by 26.5% gets to = (399 + 105.735) pounds

= 504.735 pounds

Noew this amount has to be rounded to the nearest penny and so the amount becomes 504.74 pounds.