Over a three year period the value of an item increased by 5 % , decreases by 6% and then again decreases by 8%. What is the overall effect of these changes ?
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Answer:
THE ANSWER IS:
•VALUE OF THE OBJECT GOES DOWN BY 9% IN THESE 3 YEARS.
Step-by-step explanation:
WE SOLVE LIKE THIS:
•INCREASE IN FIRST YEAR - 5%
•DECREASE IN SECOND YEAR - 6%
•DECREASE IN THIRD YEAR - 8%
SO,
OVERALL EFFECT = SUM OF ALL CHANGES
= 5 + (-6) + (-8)
= -9%
SO,THE VALUE OF THE OBJECT GOES DOWN BY 9% IN THESE 3 YEARS.
HOPE IT HELPS YOU.
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