Correct Answer - Option 2 :
\(16\frac{{2}}{{3}}\)%
Given:
Percent decrease = 10%
Net effect = 5% increase
Formula used:
Net effect = x + y + (x × y)/100
Calculations:
Here, y = - 10%
⇒ 5 = x – 10 – (5x/100))
⇒ 5 + (10x/100) = x – 10
⇒ 500 + 10x = 100x – 1000
⇒ 90x = 1500
⇒ x = 1500/90
⇒ x = (500/30)%
⇒ x = \(16\frac{{2}}{{3}}\)%
∴ The value of x is \(16\frac{{2}}{{3}}\)%