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What single percentage change is equivalent to a 12% increase followed by a 14% decrease?

User Doren
by
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1 Answer

3 votes

Answer:

3.68% decrease

Explanation:

12% increase = 112% of the original value

112% as a decimal = 112/100 = 1.12

14% decrease = 100% - 14% = 86% of the original value

86% as a decimal = 86/100 = 0.86

Therefore, if you increase the number n by 12% and then decrease by 14%:

n × 1.12 × 0.86 = n × 0.9632

0.9632 as a percentage = 0.9632 × 100 = 96.32%

Therefore, the overall percentage change is 100% - 96.32% = 3.68% decrease

User Subjective Effect
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