Q:
The payment per hour for a daily-wages employee is increased by 33.33 and the working time is reduced by 33.33%. What is the percentage change in the employee's income ?
Answer & Explanation
Answer: A) 11.11% decrease
Explanation: If earlier he is getting Rs. 1 per hr and working for 1 hr, income = Rs. 1
Now he is getting Rs 1.3333 per hr and working for 0.66667 hrs
Then income for 0.66667 hrs = Rs. 0.8889.
If payment per hr is increased by 33.33 % and working hours dereased by 33.33%, then 11.11 % decrease in income.
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