Question
A value is first raised by 35% and then reduced by 20%.
What is the net percentage change in the original value?Solution
ATQ,
Let the value be 100b
Final value = 1.35 Ă— 0.80 Ă— 100b = 108b
Net percentage change = [(108b - 100b) Ă· 100b] Ă— 100 = 8% increase
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