Correct option is D
Given:
Initial reduction = 16%
Subsequent increase = 10%
Find: Final % lower than initial salary.
Formula Used:
Successive change: Net % change = a + b +(take decrease as negative).
Solution:
Here a = -16, b = +10.
Net % change = -16 + 10
= -6 - 1.6
= -7.6%.
Final salary is 7.6% lower than the initial salary.