by tim Fri Jun 08, 2012 3:36 am
X percent of Y percent of Z
becomes
X/100 * Y/100 * Z
remember, "percent" means "divided by 100" and "of" means "times"
now if something is decreased by Y%, you take the original and subtract Y% of the original. in other words, multiply by 1 - Y/100. this gives:
XYZ/10000 * (1-Y/100)
Tim Sanders
Manhattan GMAT Instructor
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