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Successive Percentage Changes
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GMAT
DI.036 Successive Percentage Changes
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🔴 Hard
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One analyst applies a 20% increase followed by a 15% decrease; another applies a 15% decrease followed by a 20% increase. Which statement is correct?
A
The increase-then-decrease order gives a 5% increase
B
The two orders have the same net effect: 2% increase
C
The decrease-then-increase order gives a 5% increase
D
Both orders give no net change
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