Question

    A value is first raised by 35% and then reduced by 20%.

    What is the net percentage change in the original value?
    A 4% increase Correct Answer Incorrect Answer
    B 2% decrease Correct Answer Incorrect Answer
    C 8% increase Correct Answer Incorrect Answer
    D 12% decrease Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let the value be 100b

    Final value = 1.35 × 0.80 × 100b = 108b

    Net percentage change = [(108b - 100b) ÷ 100b] × 100 = 8% increase

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