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What is the difference between Increase $5000 by 20% and Decrease $5000 by 20%
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1 vote
What is the difference between

Increase $5000 by 20%

and

Decrease $5000 by 20%

User Andreas Loanjoe
by
5.8k points

1 Answer

2 votes
20% of $5000 = (20/100) x $5000 = $1000

This means 20% increase = $5000 + $1000 = $6000
This means 20% decrease = $5000 - $1000 = $4000

Difference between these = $6000 - $4000 = $2000
User Stevemac
by
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