Question

What single decimal multiplier would you use to decrease by 1% followed by a 1% increase

Answer 1

0.9999

Explanation:

Original: 1

decrease by 1%: 1 * (1 - 0.01) = 0.99

followed by a 1% increase: 0.99 * ( 1 + 0.01) = 0.99 * 1.01 = 0.9999