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Question

A man's salary increased by 10% and then again by 10%. Due to corrections made by the company, his salary was decreased by 20%. By what percent did his salary increase or decrease?


A

315% decrease

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B

415% decrease

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C

325% incease

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D

435% increase

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Solution

The correct option is A

315% decrease


Let the original salary be ₹ 100
Salary after first increase of 10% =100+10100 × 100

= ₹.110

Salary after second increase of 10% =.110+10100 × 110

=₹ 121

Salary after a decrease of 20% =12120100 × 121

= ₹ (121 - 24.20)

= ₹.96.80

Decrease in salary = 100 - 96.80 = ₹ 3.20

overall decrease in salary = 3.2%

=315%


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