A number is increased by 25%, and subsequently decreased by 15%. Find the percentage of net increase or decrease.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e. 6.25% increase.
Let the number = 100
Final number = 100 × (125/100) × (85/100) = 106.25
Net increase = 106.25 - 100 = 6.25%