If the cost of a notebook worth Rs. 40 is
increased by Rs. 20 the rate of increase is 25%
Answers
Step-by-step explanation:
If the price of a book is first decreased by 25% and then increased by 20%, then the net change in the price will be?
Let the price of the book is 100%.
First time the price of the book is decreasing by 25%.
When the price of the book decreases by 25%, it remains (100–25)= 75% of original.
New price of book = 75%.
And after that the price of book is increasing by 20%.
when the price of the book increases by 20%, it becomes 120% of original or 75*120/100= 90%
So overall there will be a decrease of 10%.
Step-by-step explanation:
Let us assume the price of product be 100rs
increase in price is 20% hence new price is 20% of 100 =20 so new price would be 100+20=120.
Afterward there is a decrease of 30 % in price from 120 rs, hence 30% of 120 is 36 so new price would be 120–36 = 84.
So the overall %change is 16% as the initial price was 100 and new price is 84