What single decimal multiplier would you use to decrease by 6% followed by a 7% increase?
1 answer:
Answer:
the single decimal multiplier is 1.0058
Step-by-step explanation:
Let us have 100
Decreasing by 6% will be
100 - 0.06(100)
= 94
Increasing by 7%
= 94 + 0.07(94)
= 100.58
So
to get the single decimal multiplier,
we have 100.58/100 = 1.0058
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