Question

What is the final amount if 731 is increased by 7% followed by a 4% decrease? Give your answer rounded to 2 DP.

Answer 1

750.88 (rounded to 2 d.p.)

Explanation:

100% --- 731

100% + 7% ---
`(100+7)/(100)` × 731 = 782.17

100% --- 782.17

100% - 4% ---
`(100-4)/(100)` × 782.17 = 750.88 (rounded to 2 d.p.)