Business Studies, asked by Arjita9144, 1 year ago

If income is increased by 7% and then decreased by 7%.find the change in income

Answers

Answered by manaswini12345

0.49% (decrease)

Description for Correct answer

In such case, there is always decrease.

Given that, a = (common increase or decrease) = 7%

According to the formula,

Decreased percentage

= a^2/100%

= 7^2/100%= 0.49%

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