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A man's wages were decreased by 50%. Again the reduced wages were increased by 50%. He has a loss of?

0 %
0.25 %
2.5 %
25 %

Correct Answer: 25 %

Explanation:

Let original wages = Rs. 100
Reduced wages = Rs. 50
Increased wages = 150% of Rs. 50 = (150 x 50)/100 = Rs. 75
∴ Loss = 25%

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