A number is first increased by 12% and then decreased by 12%. The change in number is:
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1.44% decrease.
Given that
A number is first increased by 12% and then decreased by 12%
When a number is increased and decreased by the same percentage x, then the net decrease is given by = - ()2
Hence net decrease = - = - 1.44%