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A man gets three successive annual increments in salary of 20%, 30% and 25%, each percentage being reckoned on his salary at the end of

A man gets three successive annual increments in salary of 20%, 30% and 25%, each percentage being reckoned on his salary at the end of the previous year. How much better or worse off would he have been if he had been given 3 annual increments of 25% each, reckoned in the same way?

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