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
2
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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