Question

A shopkeeper increases the prices by 20% this month what percentage the prices must be reduced so as to bring down the process back to the original​

Answer 1

Answer:

org I. Price=loo

After increase = 120

• Reduction to restore
• (120x100-R/100) = 100
• 100-R=100x100/120
• 100-R=83 2/3
• R = 16 1/3%