a A shopkeeper increases the price of an item by 10% and then decreased by 10%.The final price as compared to original price is
Answers
Answer:
1:1
Step-by-step explanation:
let the original price be 100%
Increased by 10% = (100+10)% = 110%
Decreased by 10% = (110-10)% = 100%
Final price: Original price = 100: 100 = 1:1
As per the data given in the question,
We have to determine the final price of any commodity when the price of the commodity is first increased by 10% then decreased by 10%.
So, let the actual price of the item = Rs 100x
So, if the price is increased by 10%
So, new price of the item will be
As now the price of item is decreased by 10%.
So, the new price will be (100-10)% i.e. 90% of the item.
So, new price will be
Hence, the final price of item when it is first increased by 10% and then decreased by 10% will be 99x.
So, the new price will be 99x while the original price was 100x.