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Question

A man's salary was raised by 10% and then reduced by 10%. Find the percentage change in his salary.

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Solution

first increased by 10% and then decreased by 10%
let his salary be 100
10% = 10/100 = 1/10
so 10% of 100 = 10
new salary after increase= 100 + 10 = 110..
now 10% of 110 is 11
so new salary after decrease is 110 -11 = 99
1 loss on 100 means 1%
Percentage change=1%

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