GMAT Problem Solving
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Source: GWD
Level: 4
In 1994, Kenneth's annual salary was 30 percent higher than it was in 1993. In 1995, Kenneth's annual salary was reduced to 104 percent of his 1993 annual salary. Kenneth's 1995 annual salary was what percent less than his 1994 annual salary?
- A 0.16
- B 0.2
- C 0.24
- D 0.26
- E 0.28