Practicing Success
The expenditure of a company increases by 25%, then increases by 30%, then further decreases by 20%.The overall percentage change in expenditure is: |
10 30 34 22 |
30 |
Let Initial expenditure = E ATQ , Increased income = E × \(\frac{125}{100}\) × \(\frac{130}{100}\) × \(\frac{80}{100}\) = E × \(\frac{5}{4}\) × \(\frac{13}{10}\) × \(\frac{4}{5}\) = 1.3E Percentage Increase = \(\frac{1.3E - E}{E}\) × 100 = 30% |