Question
Download Solution PDFA number is increased by 10% and then decreased by 10%. It is again increased by 20% What is the net change in percent?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
The number is increased by 10%.
The same decreased by 10%.
Last the number increased by 20%
Concept used:
Percent change = \({final\ value- initial\ value\over initial\ value}\times 100\)
Calculation:
Let the number be 100,
According to the question,
New number = 100 × 110/100 × 90/100 × 120/100 = 118.8
Percentage change = \(\frac{118.8 -100}{100}\times 100\)
Percentage change = 18.8%.
∴ The net change in percent is 18.8% increase.
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