I have got an interview for a job and it requires me to take an aptitude test, so I am doing practice tests online. However I came across this question and I don't understand the answer even with the explanation given. I thought that the percentage decrease for every period would be 5% which was of course incorrect. Can anyone give me an explanation of why it is the answer given please?
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Numerical Reasoning question watch
- Thread Starter
- 05-09-2016 13:40
- 05-09-2016 13:47
It does explain it quite well.
Basically 100-95 is a 5% decrease,
95-90 is 5.3%
90-85 is 5.6% and so on.
What it is saying is the the decrease may the the same year on year, but the % of it's current value it is dropping by is larger.
- 05-09-2016 21:31
Although the question is totally unclear on whether the decrease should be measured in relative or absolute. And is therefore a really poor question.