Ramesh's salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?
A)0%
B)10%
C)1%
D)5%

Name: Ramesh's salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss? A)0% B)10% C)1% D)5%
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Question

Quizplus · Accepted Answer

The ultimate loss is 1% due to the way percentage increase and decrease works. A 10% decrease followed by a 10% increase does not bring the salary back to its original value because the increase is applied to a reduced amount.

Ramesh's Salary Was Reduced by 10% and Then the Reduced