The salary of a person is first decreased by 40 percent and then increased by 40 percent. What will be the percentage decrease in the salary?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. 16 percent.
Let the person's salary be Rs. 100
His salary first decreased by 40% = Rs. 60
Then, his salary increased by 40% = 60 × 140% = 84
Required decrease in number = 100 - 84 = 16
Required percentage = 16/100 × 100 = 16%