What single percentage change is equivalent to a 11% increase followed by a 13% increase?

Answer :

Answer:

The equivalent percentage change is [tex]25.43[/tex] %

Step-by-step explanation:

Let there be a number 100

It is first increased 11 % , so the new number would be [tex]100 + 11[/tex]% of 100

i.e [tex]100 + 11 = 111[/tex]

Now, this number 111 is further increased by 13 % so the new number is [tex]111 + 13[/tex]% of 111

125.43

So , the total increase or equivalent increase is

[tex]\frac{125.43-100}{100} *100\\= 25.43[/tex]%