A person's salary was increased by 50% and subsequently decreased by 50%. How much percentage does he lose or gain?
Answer & explanation
Correct answer: option 1
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%