Question

A two wheeler manufacturer reduced the price of a scooter by 5%. By how much a retailer must increase
the new price so as to sell the scooter at the old price?
​

Answer 1

5.26 %

Step-by-step explanation:

5% = 5/100 = 1/20

old price = 20 , reduced price = 20-1 = 19

required increase = 1/19 * 100

= 100/19% = 5.26 %