What single decimal multiplier would you use to decrease by 1% followed by a 1% increase? PLEASE ANSWER ASAP!!!
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Answer:
0.9999
Step-by-step explanation:
Initial number is 100 for simplicity
Step 1
- decrease by 1%
- 100-1%=100*(100-1)/100=99
Step 2
- increase by 1%
- 99+1%=99*(100+1)/100=99.99
Step 3
- Overall change= 99.99/100=0.9999
Answer is 0.9999
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