Question: If a number is increased by 15% and then decreased by 15%, what is the net effect on the number?
Options:
Correct Answer: 2.25%
Solution:
Let the number be 100. After 15% increase, it becomes 115. After 15% decrease, it becomes 115 - 17.25 = 97.75. Net change = (97.75 - 100)/100 * 100% = -2.25%.