SOLUTION: If you offered an 11% increase in salary followed by a 10% decrease in salary, should you accept the offer? Please explain. Thank you very much :)
Question 1070652: If you offered an 11% increase in salary followed by a 10% decrease in salary, should you accept the offer? Please explain. Thank you very much :) Found 2 solutions by rfer, MathTherapy:Answer by rfer(16322) (Show Source):
You can put this solution on YOUR website! 10*0.90=9
9*1.11=9.99
A little example like this tells the story.
Take it, you are almost back where you started.
You can put this solution on YOUR website! If you offered an 11% increase in salary followed by a 10% decrease in salary, should you accept the offer? Please explain. Thank you very much :)
1.11 * .9 = .999
.999 is less than 1, and so, is less than your original salary, before the offer was made.
Assuming the offers were made simultaneously, DO NOT TAKE IT!!
If not, decide what to do based on how long you'll be getting the increase and the reduction.
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