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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Dennis Howard
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stux⚡
in reply to Dennis Howard • • •Christopher Brown
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stux⚡
in reply to Christopher Brown • • •@christopherbrown I freaking love math 😁
Such an handy way of life in many ways
Christopher Brown
in reply to stux⚡ • • •PH7831
in reply to stux⚡ • • •Gabriele Marcosanti
in reply to stux⚡ • • •Pēteris Krišjānis
in reply to stux⚡ • • •China response will be multi layered and harsh. Weaponry it has prepared for this moment is massive. There will be almost nothing left of America economy in few years.
G 🇮🇹
in reply to stux⚡ • • •joe•iuculano
in reply to stux⚡ • • •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%
stux⚡
in reply to joe•iuculano • • •joe•iuculano
in reply to stux⚡ • • •Sean C.
in reply to stux⚡ • • •Mysturji
in reply to stux⚡ • • •In which case, KA-CHING!
You know. Like if you knew in advance that it was going to do that.
Chris Jacobs
in reply to stux⚡ • • •100 + 10 = 110 -11 = 99
Cluster Fcku
in reply to stux⚡ • • •Daniel Marks
in reply to stux⚡ • • •Dragon
in reply to stux⚡ • • •I’ve had that argument with a telco who screwed up an offer before.
They tried to put 2 smaller %age discounts on the account as a workaround but the billing system would do the first one then take the 2nd discount off that new value