Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A person's salary was decreased by 50% and subsequently increased by 50% and then again increased by 100%. How much percentage does he lose or gain?

Options:

Loss of 40%

Gain of 50%

Gain of 25%

Loss of 10%

Correct Answer:

Gain of 50%

Explanation:

Let the salary = 100

ATQ = 100 × \(\frac{1}{2}\) × \(\frac{3}{2}\) × \(\frac{2}{1}\) = 150

Gain = 150 - 100 = 50%