Practicing Success
The salary of an employee was first increased by 15% and thereafter it was reduced by 10%. What was the percentage change in his salary? |
10% 103.5% 3.5% 15% |
3.5% |
Net Percentage change = a + b + \(\frac{ab}{100}\) = + 15% - 10% - \(\frac{15×10}{100}\)% = 3.5% ( increase ) |