hard · Gre Quant

An employee received a 10% salary increase at the end of year one, followed by a 5% decrease in year two due to a company-wide restructuring.

What was the net percentage change in the employee's salary over the two-year period?

  1. 5.0% increase
  2. 4.5% increase
  3. 4.5% decrease
  4. 5.5% increase
  5. 6.0% increase

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