Math Problem Statement

If a workers salary is increased by 10 % and then reduced by 10%, state whether he loses or gains, and by what percentage?

Solution

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Math Problem Analysis

Mathematical Concepts

Percentage Change
Sequential Percentage Application
Net Loss

Formulas

New Value after Percentage Increase = Original Value + (Percentage Increase × Original Value)
New Value after Percentage Decrease = New Value - (Percentage Decrease × New Value)

Theorems

Sequential Percentage Change Theorem: Consecutive percentage increases and decreases yield different results based on different base values.

Suitable Grade Level

Grades 6-8