Question
An amount is first boosted by 28% and then cut down by 40%.
Find the overall percentage change from the original amount.Solution
ATQ,
Let the amount be 100b
Final amount = 1.28 × 0.60 × 100b = 76.8b
Overall percentage change = [(76.8b - 100b) ÷ 100b] × 100 = -23.2% or
23.2% decrease
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