A number first increases by 30% and then decreases by 20%. Find the percent increase or decrease on the whole.
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Answer: PERCENTAGE INCREASE: (30-20)/20 = 10/20 = 1/2 = 0.5 = 50%.
Let the original price be x
Then increased to 20%⟹x+
100
20
x=
5
6
x
Then decreased to 30%⟹
5
6
x−
100
30
×
5
6
x=
25
21
x
So the net decrease is x−
25
21
x=
25
4
x
The percentage change is
x
25
4
x
×100=16%
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