Question 1
A value decreases by 34% and then increases by 38%. What is the net percentage change?
Step 1: decrease by 34% → multiply by 0.6599999999999999
Step 2: increase by 38% → multiply by 1.38
Net change = -8.9%
Step 2: increase by 38% → multiply by 1.38
Net change = -8.9%