A worker’s salary is increased by 10% and then decreased by 10%. What is the net percentage change?
ANo change
B1% increase
C1% decrease
D2% decrease
Explanation
Net change formula = x + y + (x*y)/100 = 10 – 10 + (10 * -10)/100 = -1%. A 1% decrease.
Exam Relevance
- Topic: Percentages
- Subtopic: Successive Changes
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