What percent decrease in salaries would exactly cancel the 20 percent increase? Option 1: 151/3% Option 2: 142/3% Option 3: 162/3% Option 4: 331/3%

Answer: 162/3%. Solution: Required decrease = 20/(100+20)x 100=20/120x 100=50/3=162/3%.

Arithmetic

Percentages

Medium

What percent decrease in salaries would exactly cancel the 20 percent increase?

$15\frac{1}{3}\%$

$14\frac{2}{3}\%$

$16\frac{2}{3}\%$

$33\frac{1}{3}\%$

✅ Correct Option: 3

Required decrease = $\frac{20}{100+20}\times 100=\frac{20}{120}\times 100=\frac{50}{3}=16\frac{2}{3}\%$ .

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Solution

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