If the salary of an employee is first increased by 20% and the decreased by 12%, then what is the change in his salary in percent?

Options
- 16% increase
- 16% decrease
- 5.6 % increase
- 8 % increase

CORRECT ANSWER : 5.6 % increase

Discussion Board
Solution

Let the present salary be x. After increasing 20%, salary is 1.2x.
12% of 1.2x = 0.144x
Salary after reduction = 1.2x -0.144x = 1.056x
Thus, 5.6% increase. option c is increased

susmitha shankar 07-10-2019 02:34 AM

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