[Cooperative Bank Senior Manager 2021]

7. Monthly salary of a person was ₹ 12000. The salary was increased in March, 2020 by 10% but, due to lockdown, the same was decreased in April 2020 by 10%. What is the net change in his salary?

1. No change

2. 1% increase

3. 1% decrease

4. None of these

Correct Answer :

1% decrease