Question
Download Solution PDFA number is first increased by 12%, and the increased number is decreased by 8%. Find the net increase or decrease percentage.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
A number is first increased by 12%, and the increased number is decreased by 8%.
Formula used:
Net change percentage =
Where,
x = Percentage increase = 12%
y = Percentage decrease = -8% (negative because it’s a decrease)
Calculations:
Net change percentage =
⇒ Net change percentage =
⇒ Net change percentage =
⇒ Net change percentage =
⇒ Net change percentage = 3.04%
∴ The net change is a 3.04% increase, and the correct answer is option (1).
Last updated on Jul 16, 2025
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