Question

What single percentage change is equivalent to a 11% increase followed by a 13% increase?

Answer 1

Answer:

The equivalent percentage change is $25.43$ %

Step-by-step explanation:

Let there be a number 100

It is first increased 11 % , so the new number would be $100 + 11$% of 100

i.e $100 + 11 = 111$

Now, this number 111 is further increased by 13 % so the new number is $111 + 13$% of 111

125.43

So , the total increase or equivalent increase is

$\frac{125.43-100}{100} *100\\= 25.43$%