A shopkeeper first increased the price of an article by 25% and then by 20%. What is the total
percent increase?
Answers
Answer:
Let us take the real price of the article as ₹100
When the shopkeeper increases the price of the article by 25% , the cost of the article becomes:
\frac{25}{100} \times 100
100
25
×100
= 25=25
So the price of the article becomes ₹125.
Again when he increases the cost by 20% ,
20% of ₹125 is :
\frac{20}{100} \times 125
100
20
×125
= ₹25
This says that finally he sets the price of the article as ₹ 125 + ₹ 25 = ₹ 150.
The actual cost was ₹ 100 as we took in the beginning.
Now he increased totally ₹50.
So the total percent becomes :
\frac{50}{100} \times 100
100
50
×100
= 50 %
Hope it helps ✌️
Step-by-step explanation:
Let the price of article is Rs. 100
First increase % = 20%
After increase, price of article
=100×120100=Rs.120
Second decrease % = 25%
After decrease, price of article
=120−120×25100=Rs. 90
Net change percent in price
=100−90100×100=10100×100=10%