Multiple Choice Questions on What percent decrease in salaries would exactly cancel out the 20 percent increase ........ for Mathematics - All Exams Preparation

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Multiple Choice Questions

What percent decrease in salaries would exactly cancel out the 20 percent increase ........

Quantitative Aptitude ( CCS) Percentage
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    What percent decrease in salaries would exactly cancel out the 20 percent increase ?

    (16 + 2/3) %

    Correct Answer

    (15 + 2/3)%

    Incorrect Answer

    (14 +1/3)%

    Incorrect Answer

    (13 + 4/5)%

    Incorrect Answer
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    Explanation:

    Let the orginal salary = Rs. 100.

    New's salary = Rs.120.

    Decrease on 120 = 20.

    Decrease on 100 = [(20/120)*100]%

    = (16 + 2/3) %.

    Hence, option 1 is the correct answer.

    By: Amit Kumar
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