If the price is decreased by 20%, and then increased by 25%, then what is the percentage change?
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1
Answer:
0%
Step-by-step explanation:
Let the original price be 'a'.
decreased by 20%:
⇒ a - (20% of a)
⇒ a - (20/100 * a) ⇒ a - 0.2a
⇒ 0.8a
Increased by 25%
⇒ 0.8a + (25% of 0.8a)
⇒ 0.8a + (25/100 of 0.8a)
⇒ 0.8a + 0.2a
⇒ a
There is no change in value. Hence profit is 0.
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