Question

What single decimal multiplier would you use to decrease by 6% followed by a 7% increase?

Answer 1

the single decimal multiplier is 1.0058

Explanation:

Let us have 100

Decreasing by 6% will be

100 - 0.06(100)

= 94

Increasing by 7%

= 94 + 0.07(94)

= 100.58

So

to get the single decimal multiplier,

we have 100.58/100 = 1.0058