Business Mathematics MCQ: Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?

Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss?

Correct Answer: 1%

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Business Mathematics MCQ: Ramesh’s salary was reduced by 10% and then the reduced salary was increased by 10%. What was his ultimate loss? | Extra Education