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 ->  Percentage-and-ratio-word-problems -> SOLUTION: The salary of an employee is increased by 20%. By what percentage should the new salary be reduce to restore the original salary?      Log On


   

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) About Me  (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 %