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Question

Manoj's income increased by 20% and then decreased by 20%. What is the total percentage change m manoj's income?

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Solution

Let Manoj income be x.

Increased income =x+20x100=100x+20x100

=120x100

=6x5

Now decreased income =6x5(20100)(6x5)

=6x5[115]

=24x25

Change in income =x24x25=x25.

% change =(x25)100

=100x25

=4x%

4% of net decrease.

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