Syed
Bunuel
Also note that we wouldn't be able to determine new difference if the increases were not the same.
Hi Bunuel, thanks a lot for staying on the discussion loop. I am learning a lot from your discussion. Could you please elaborate "HOW U CAME TO CONCLUDE THAT WE WON'T BE ABLE TO CALCULATE THE ABSOLUTE $ AMOUNT, IF THE % INCREASE WERE DIFFERENT.
Plz note that I have recalculated the increase with different % increase for the two employees. INDEED, I found the $ amount varies. My Q is "how you come to the conclusion quickly? What is the thought process?"
Please help me to improve.
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+1 for you Bro...
Let's say that A's wage is 100$ and B's - 150. Difference 50$.
In the case when their wages increase (or decreases), by the same percent 100 increases as fast as 150, so the difference increase by the same percent. For 10% --> 100*1.1=110 , 150*1.1=165 --> difference 55, the same increase (10%).
BUT in the case when their wages increase (or decrease), by different percent, 100(base) increases slower (or faster depending which one has bigger increase) than 150(base), but we can not determine difference, not know their absolute values and knowing only rates. For example:
A=100, A's increase
10%B=150, B's increase
20%A after increase=110$, B after increase=180$ --> difference 70 (40% increase in difference)
BUT if:
A=100, A's increase
10%B=200, B's increase
20%A after increase=110$, B after increase=240$ --> difference 130 (160% increase in difference)
As we try bigger and bigger values for B increase in difference will be bigger and bigger.
So, it's not possible to determine the percent increase knowing only the difference and the increase rates, when rates are not the same.
Hope it's clear.