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The salary of a worker is first increased by 8% and then it is decreased by 8%. What is the percentage change in his salary?
Question

The salary of a worker is first increased by 8% and then it is decreased by 8%. What is the percentage change in his salary?

A.

0.81%

B.

0.25%

C.

0.49%

D.

0.64%

Correct option is D

Given:
Salary is first increased by 8%
Then it is decreased by 8%
Formula Used:
When a value is increased by x% and then decreased by x%, the net percentage change is reduced by :
Net Change=x2100\text{Net Change} = \frac{x^2}{100} 

Solution:
Let x = 8
Net Change=82100=64100=0.64%\text{Net Change} = \frac{8^2}{100} = \frac{64}{100} = 0.64\%​​
So, the salary is reduced by 0.64%



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