The quantity reported an <em>equivalent net</em> percentage change of 28 percent.
<h3>How to calculate the net change of a quantity in percentages</h3>
In this problem we must determine the <em>simple</em> percentage change equivalent to two <em>consecutive</em> percentual changes. The formula that describes the situation is:
1 + r/100 = (1 - 60/100) · (1 + 80/100)
1 + r/100 = 72/100
r/100 = - 28/100
r = - 28
The quantity reported an <em>equivalent net</em> percentage change of 28 percent.
<h3>Remark</h3>
The statement is incomplete. Complete form is presented below:
A quantity is changing. At first it descreased by 60 percent and it increased by 80 percent. What is net change of the quantity in percentage?
To learn more on percentages: brainly.com/question/13450942
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