What is the difference between

Increase $5000 by 20%

and

Decrease $5000 by 20%

Question

Mathematics

Jane Potts

23 June, 19:58

What is the difference between

Increase $5000 by 20%

and

Decrease $5000 by 20%

+3

Answers (1)

Know the Answer?

Felicity Pitts · Answer 1

20% of $5000 = (20/100) x $5000 = $1000

This means 20% increase = $5000 + $1000 = $6000

This means 20% decrease = $5000 - $1000 = $4000

Difference between these = $6000 - $4000 = $2000

What is the difference betweenIncrease $5000 by 20%andDecrease $5000 by 20%

What is the difference between

Increase $5000 by 20%

and

Decrease $5000 by 20%