Question 1
A value decreases by 18% and then decreases by 34%. What is the net percentage change?
Step 1: decrease by 18% → multiply by 0.8200000000000001
Step 2: decrease by 34% → multiply by 0.6599999999999999
Net change = -45.9%
Step 2: decrease by 34% → multiply by 0.6599999999999999
Net change = -45.9%