Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person's salary was increased by 50% and subsequently decreased by 50%. How much percentage does he lose or gain?

Options:

Loss of 25%

Gain of 50%

Loss of 30%

Gain of 20%

Correct Answer:

Loss of 25%

Explanation:

50% = \(\frac{1}{2}\)

Let the salary = 100

Then ATQ,

100 × \(\frac{3}{2}\) × \(\frac{1}{2}\) = 75

So the loss of 100 -75 = 25%