Percentage - Excercise 2 - Q23

Question

i. What percent decrease in salaries would exactly cancel out the 20 percent increase ?

  • (16 + 2/3) %
  • (15 + 2/3)%
  • (14 +1/3)%
  • (13 + 4/5)%
4
Answer and Explanation
The Correct answer is : (16 + 2/3) %
Explanation :
Let the orginal salary = Rs. 100.
New's salary = Rs.120.
Decrease on 120 = 20.
Decrease on 100 =(20/120$\times$100) = 16+2/3
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