The salary of a person is rs.15000. He gets 20% increament. What percent of reduction of the new salary will restore his salary to rs. 15000.
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Answer:
salary = 15000
increament= 20%
therefore, new salary = (20/100 *15000) + 15000
=300+15000
=15300
so 20% decrease will be needed to get the same salary
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