Salary of X is 20% more than that of Y. By what percentage is the salary of Y lesser than X?
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Step-by-step explanation:
Let X salary = 100.
Y should be = (X + 20% more)
So Y salary = 100+ (20% of 100) = 120.
while finding percentage we should be clear with BASE
here we need to find Y is what percentage of X
so formula be (Y-X) / Y
that gives us (120-100) / 120
= (20)/120
= 1/6
or 16.67 percent
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