Answer:
0.9576
Step by step explanation
Let's say you start with X.
Decreasing this by 16% means we are left with
X - (16% of X)
= X - 0.16X
= 0.84X
Now increasing this by 14% means we have
0.84X + (14% of 0.84X)
= 0.84X + 0.14 × 0.84X
= (1 + 0.14) × 0.84X
= (1.14 × 0.84) × X
= 0.9576 X
So a decrease of 16% followed by an increase of 14% is the same as multiplying by 0.9576 (which is a decrease of 4.24%).
Hope that helps.
