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7. The salary of an employee is increased by 20%. By what percentage should the new salary be reduseto restore the original salary? |
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Answer» Taking the sample value to be 100. A 20% increase MEANS 100*1.2=120. Thus a total increase of 20. Now LET's find the ratio of 20 to 120 i.e., 20/120=0.1666. Changing to percentage 0.1666*100=16.6%. Hence, a decrease of 16.6% to the new SALARY will restore the original salary. Hope this helps! Thanks, |
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