Sanjib's salary was initially reduced by 50% and then boosted by 50%. What percentage of his salary does he lose?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 25%.
Initial salary = 100
Final salary = 100 × (1/2) × (3/2) = 75
Loss = 100 - 75 = 25%