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Question

What percent decrease in salaries would exactly cancel out the 20 percent increase?

A
1623%
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B
18%
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C
20%
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D
3313%
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Solution

The correct option is D 1623%
Let the original salary = Rs. 100
New's salary = Rs.120.
Decrease on 120 = 20.
Decrease on 100 =20120×100=1623 %.

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