Answer:
the final amount is 1,135
Step-by-step explanation:
The computation of the final amount is shown below:
= Amount × (1 + increased percentage)
= 1102 × (1 + 0.02)
= 1102 × 1.02
= 1124.04
Now the additional one percent increase is
= 1,124.04 × 1.01
= 1,135
Hence, the final amount is 1,135
The same is to be considered
