I’m just gonna put it out here:
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I’m just gonna put it out here:
If something goes down 10% and then up 10% again you are not where you started
The 10% increase is on a smaller amount
100 - 10 = 90 + 9 = 99
This also applies to the stock markets for example
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I’m just gonna put it out here:
If something goes down 10% and then up 10% again you are not where you started
The 10% increase is on a smaller amount
100 - 10 = 90 + 9 = 99
This also applies to the stock markets for example
@stux I had a boss once who absolutely could not understand this!
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I’m just gonna put it out here:
If something goes down 10% and then up 10% again you are not where you started
The 10% increase is on a smaller amount
100 - 10 = 90 + 9 = 99
This also applies to the stock markets for example
@stux Funny how mathematics works.
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@stux I had a boss once who absolutely could not understand this!
@dennishoward oh gawd, and thats the boss you must take orders from
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@christopherbrown I freaking love math
Such an handy way of life in many ways
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I’m just gonna put it out here:
If something goes down 10% and then up 10% again you are not where you started
The 10% increase is on a smaller amount
100 - 10 = 90 + 9 = 99
This also applies to the stock markets for example
Exactly.
I use the 20% example:
If something costs $100 and it's price goes down 20%, the product now costs $80.If that $80 price goes up by 20%, the new price becomes $96.
Going from $80 back to $100 would be an increase of 25%
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Exactly.
I use the 20% example:
If something costs $100 and it's price goes down 20%, the product now costs $80.If that $80 price goes up by 20%, the new price becomes $96.
Going from $80 back to $100 would be an increase of 25%
@iuculano Those numbers work even better!