The salary of Neeta is first increased by 13% and then it is decreased by 13%. What is the change in her salary?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Decrease of 1.69%.
Let the salary of Neeta be 100x.
Change in salary = 100x × (113/100) × (87/100) = 98.31x
Required % change in her salary = 100x - 98.31 = 1.69% decrease