What single percentage change is equivalent to a 15% decrease followed by a 16% decrease? i'll mark brilliant!!
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Step-by-step explanation:
GIVEN:-
TWO DECREMENTS => 15% fallowed by 16%
TO FIND:-
A SINGLE DECREMENT VALUE.
SOLUTION:-
Final value after decrements for 100.
= 100 - 16 - (100-16)×15/100
= 84 - 84×15/100
= 84 - 12.6
= 71.4
=> % change = 100 - 71.4
= 28.6 %
hope this helps you
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