I.e., $100 decreased by 20% requires an increase of (1/(1-0.2))-1) to return to $100. Is there a simple name to refer to this?
Tell me more
×
Personal Finance & Money Stack Exchange is a question and answer site for
people who want to be financially literate. It's 100% free, no registration required.
|
|
Well, in math terms, it's the reciprocal. A 20% drop (80% of original value) needs a 25% increase to break even. .8 and 1.25 are reciprocals. |
|||
|
|