SOLUTION: The salary of an employee is increased by 20%. By what percentage should the new salary be reduce to restore the original salary?
Algebra.Com
Question 806968: The salary of an employee is increased by 20%. By what percentage should the new salary be reduce to restore the original salary?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
Let's use a nice number as an example
100
add 20/100 *100=20
100+20=120
we want to decrease back to 100
20/120=1/6=.1667=16.67 %
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