1 View

Question : A number is increased by 20% and then decreased by 20%. What is the net percent change in the number?

Option 1: 4% increase

Option 2: 4% decrease

Option 3: 5% increase

Option 4: 5% decrease


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 15th Jan, 2024

Correct Answer: 4% decrease


Solution : For successive percentage change use the following formula,
$=x+y+\frac{xy}{100}$
Given that, $x$ = 20% and $y$ = –20%
Net percent change = 20% – 20% – $\frac{20×20}{100}$ = – 4%
Hence, the correct answer is '4% decrease'.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books