Knowee
Questions
Features
Study Tools

John's salary was decreased by 50% and subsequently increased by 50%. How much percent does he loss?

Question

John's salary was decreased by 50% and subsequently increased by 50%. How much percent does he lose?

🧐 Not the exact question you are looking for?Go ask a question

Solution

Let's assume John's initial salary was $100.

  1. After a decrease of 50%, his salary becomes 50(because5050 (because 50% of 100 is 50,and50, and 100 - 50=50 = 50).

  2. Then, his salary is increased by 50%. However, this increase is not based on his initial salary, but on his current salary of 50.So,5050. So, 50% of 50 is $25.

  3. Therefore, after the increase, his salary becomes 75(because75 (because 50 + 25=25 = 75).

  4. To find out the percentage loss, we need to compare his final salary (75)withhisinitialsalary(75) with his initial salary (100). The difference between these two amounts is $25.

  5. To express this difference as a percentage, we divide it by the initial salary and multiply by 100. So, the percentage loss is (25/25 / 100) * 100 = 25%.

So, John has a loss of 25% of his initial salary.

This problem has been solved

Similar Questions

If the salary of an employee is first increased by 20% and the decreased by 12%, then what is the change in his salary in percent?

John earns 33.33% more than Peter. By what percentage is Peter's earning less than that of John's?

Jacob always saves 40% of his salary. If his salary decreases by 10% , his savings will decrease by $200. How much is Jacob's original salary?

Raj always saves 50% of his salary. If his salary decreases by 10% , his savings will decrease by $300. How much is Raj's original salary?

Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%.What was his ultimate loss?0%10%1%5%

1/3

Upgrade your grade with Knowee

Get personalized homework help. Review tough concepts in more detail, or go deeper into your topic by exploring other relevant questions.