Allied & ICAR Exam Bank • ALLIED_2263 NAT • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

A consultant's daily wage was reduced by 20% and his daily work hours were increased by 20%. The percentage change in his daily earnings is a decrease of $k\%$. The value of $k$ is:

Answer Key:

4

Step-by-Step Solution & Explanation

New earnings factor $= 0.80 \times 1.20 = 0.96$, which is a 4% decrease. So $k = 4$.
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