Question

What percent decrease in salaries would exactly cancel out the 20 percent increase ?

Answer 1

Answer:

16.67

Step-by-step explanation: let x be initial salary , increased salary is 120/100 *x

so now (100-z) be percent decrease

(z/100) *(6x/5) =x

z=500/6

z= 83.333

100 -z = 16.67