GMATQuantitative

A 25% increase followed by a 20% decrease yields a net change of:

AIncrease 5%
BDecrease 5%
CNo changeCORRECT
DDecrease 10%
AI
Toaster Teacher
Why the answer is C, and why the others tempt you.
1.25 × 0.80 = 1.00 → no net change.
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