If 150 were increased by 60% and then decreased by y%, the result would be 192. What is the value of y?
My solution is to use percent change. Here are my steps and yet my answer is incorrect. Can someone please advise why my answer is incorrect? Thanks.
- $150 * 0.60 = 90$
- $150 + 90 = 240$
- Percent change = ((New value − Old value) /Old value) $∗ 100$
- New value = $240$, Old Value = $192$
- $((240-192)/192)*100 = 25$