Let's assume the initial salary of the employee is $100.

Step 1: Increase by 20%
The salary increases by 20% i.e., $100 + 20% of $100 = $100 + $20 = $120.

Step 2: Decrease by 12%
Now, the salary decreases by 12% i.e., $120 - 12% of $120 = $120 - $14.4 = $105.6.

So, the final salary of the employee is $105.6.

Now, let's calculate the percentage change in his salary.

The change in salary = Final salary - Initial salary = $105.6 - $100 = $5.6.

So, the change in his salary in percent = (Change in salary / Initial salary) * 100 = ($5.6 / $100) * 100 = 5.6%.

Therefore, there is a 5.6% increase in his salary.

Question

Let's assume the initial salary of the employee is $100.

Step 1: Increase by 20%
The salary increases by 20% i.e., $100 + 20% of $100 = $100 + $20 = $120.

Step 2: Decrease by 12%
Now, the salary decreases by 12% i.e., $120 - 12% of $120 = $120 - $14.4 = $105.6.

So, the final salary of the employee is $105.6.

Now, let's calculate the percentage change in his salary.

The change in salary = Final salary - Initial salary = $105.6 - $100 = $5.6.

So, the change in his salary in percent = (Change in salary / Initial salary) * 100 = ($5.6 / $100) * 100 = 5.6%.

Therefore, there is a 5.6% increase in his salary.

Knowee AI · Accepted Answer