Correct option is C
Given:
Two successive percentage decreases of 25%
Two successive percentage increases of 25%
Formula Used:
The formula for successive percentage change:
Net Percentage Change =
x±y±100x×y
Solution:
Successive 25% increase:
Net Change =
25+25+10025×25=56.25%
Successive 25% decrease:
Net Change =
−25+−25+100(−25)×(−25)=−43.75% (-ve) sign indicates decrease.
Now,
Difference = 56.25 – 43.75 = 12.50
Percentage % =
56.2512.50×100=22.22%