X’s salary is increased by 20% and then decreased by 20%. What is the change in salary?
Answer & explanation
Correct answer: option 1
Net percentage change = + 20% - 20% - \(\frac{(20×20 )}{100}\)%
= - 4%
So , Answer is = 4% decrease
X’s salary is increased by 20% and then decreased by 20%. What is the change in salary?
Correct answer: option 1
Net percentage change = + 20% - 20% - \(\frac{(20×20 )}{100}\)%
= - 4%
So , Answer is = 4% decrease