7. At your job in August, you had to take a 5% decrease in pay. The next month, you had to take another 5% decrease in pay. Did

your pay decrease 10% over these two months? Give an explanation

to justify your answer.

NO

Step-by-step explanation:

Assuming your standard pay is 500; in August you had to take 5% off the 500 which means 25 is deducted from 500 and you were paid 475. The next month, you had to take 5% off the 500 which is your standard pay not on 475, that means you were paid 475 again.

Therefore, your paid did not decrease by 10% in two months because a decrease of 10% means you were paid 450 in the second month.