MCQ Single Best Answer Not Set

QIf a man's wages were decreased by 50% and then increased by 50%, what was his loss?

ID: #4556 Percentage 147 views
Question Info
#4556Q ID
Not SetDifficulty
PercentageTopic

Choose the Best Option

Click any option to instantly check if you're correct.

  • A 34%
  • B 25%
  • C 20%
  • D 35%
Correct Answer: Option B

Explanation


To solve this problem, you can set up an equation using the given information. 
Let X be the man's original wages and Y be his final wages after the wage changes. 
Then:

Y = (1 + 50/100) * (1 - 50/100) * X
Y = (3/4) * X
(X/Y) = (4/3)
X = (4/3) * Y

Therefore, the man has a loss of 25% of his original wages

Share This Question

Challenge a friend or share with your study group.