His new apartment will cost him "10% more" than what he is paying currently. 100% = current rent 10% = the extra amount he will pay for his new apartment 100% + 10% = new rent 100% + 10% = 110% Now convert the percent into a decimal by moving the % sign two places to the left and make the % sign into a decimal point. 110% = 1.10 500 * 1.10 = 550 So, he will pay a rent of $550 for his new apartment.
M. Jackson spends $500 per month for rent . His new apartment will cost him 10% more than he is paying now . How much is the rent for his new apartment?