Ranjay's salary was raised by 20% and then reduced by 20%. Find the percentage change
in his salary
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Answer:
4% decrease
Step-by-step explanation:
Let his original salary be Rs.100.
Salary after increasing 20% = 120% of Rs.100 = Rs.120
Salary after decreasing 20% = 80% of Rs.120 = Rs.96
96 < 100
Hence, net decrease = 100 - 96 = 4
Percentage change = 4/100 × 100 = 4%
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