Your wage is increased by 20%, then the new amount is cut by 20% (of the new amount).
1) Will this result in a wage, which is higher
than, lower than, or the same as the original
wage?
2) What percent of the original wage is this
final wage?
3). If the above steps were reversed (20% cut
followed by 20% increase), the final wage
would be what percent of the original wage?
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