Multiple choice

Neeraj's earning was decreased by 60% and after that subsequently increased by 60%. Find the final loss percent on his earnings.

  1. 36%

  2. 12%

  3. 5%

  4. 4%
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A Correct answer
AI explanation

When a value is decreased by x% and then increased by x%, the net loss percentage is given by the formula (x squared) divided by 100. Applying this formula with x equal to 60, the loss is 60 multiplied by 60, which is 3600, divided by 100. The final loss percent on the earnings is 36%.

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