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What single percentage change is equivalent to a 11% increase followed by a 13% increase?

1 Answer

8 votes

Answer:

The equivalent percentage change is
25.43 %

Explanation:

Let there be a number 100

It is first increased 11 % , so the new number would be
100 + 11% of 100

i.e
100 + 11 = 111

Now, this number 111 is further increased by 13 % so the new number is
111 + 13% of 111

125.43

So , the total increase or equivalent increase is


(125.43-100)/(100) *100\\= 25.43%

User Jreisinger
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