What percent decrease in salaries would exactly cancel out the 20 percent increase ?
Correct Answer: Option A
Let the orginal salary = Rs. 100. New's salary = Rs.120.
Decrease on 120 = 20. Decrease on 100 = [(20 \(\div\) 120) \(\times\) 100]% = (16 + 2 \(\div\) 3) %.
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