If the salary of a person is increased by 10% then decreased by 10% what will be the overall impact?
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Answer:
Overall deduction of 1%
Step-by-step explanation:
Let a person had a Salary of Rs.100
10% Increment = 10% of 100
= 10
Salary after 10% Increment = Rs.110
10% Deduction = 10% of 110
= 11
Salary after 10% deduction = 110 - 11
= 99
Original Salary was Rs. 100 and after all this process new salary is Rs.99, which means there is an overall deduction of Rs.1 or 1%
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