Successive percentage changes are a favorite topic for examiners in SSC, Banking, and GPSC exams. Many students mistakenly believe that an equal increase and decrease cancel each other out. Today, we will debunk this myth and show you how to calculate the result instantly.
The Question
The population of a town increases by 10% in the first year and decreases by 10% in the second year. If the current population is 20,000, what will be the population after 2 years?
Correct Answer: (C) 19,800
Stop calculating, start dominating! Join our WhatsApp Channel for more "Day-wise" challenges and exclusive PDF notes.