Which of the following gives the highest overall percent increase, if in each case, the second percent increase is applied on the value obtained after application of the first percent Increase?Though I got the answer by the crude way or the traditional way of doing it, i liked the method mentioned by
Abhishek009 of progressive increase or decrease.
Progressive increase \(= a + b + \frac{a*b}{100}\)
A - \(10 + 50 + 10*50/100\)
B - \(25 + 35 + 25*35/100\)
C - \(30 + 30 + 30*30/100\)
D - \(40 + 20 + 40*20/100\)
E - \(45 + 15 + 45*15/100\)
As we can see a + b is 60 and same for all 5 options, the only thing that will decide now is a*b
If a*b is maximum we would know that increase is highest
Scanning through the options we know that only C gives us the maximum value of 900 as compared to any other options.
Hence, Answer is C _________________
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