7. A number first increases by 20% and then decreases by 20%. Find the percentage increase or decrease on the whole.
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Let the number be 100
In 1st condition
Increase = 20% of 100 = \frac{20}{100}\times100=20
100
20
×100=20
∴ Number after this increase = 100 + 20 = 120
In 2nd condition
Decrease = 20% of 120 = \frac{20}{100}\times120=24
100
20
×120=24
∴ Number after this decrease = 120 - 24 = 96
> Total decrease on the whole = 24 -20 = 4
And the percentage decrease on the whole = \frac{4}{100}\times100=4\%
100
4
×100=4%
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