Question

if the price of an item is decreded by 10% and then increased by 10% the net effect on the price of the item is

Answer 1

Answer:

1% decreased on price of item

Step-by-step explanation:

net%=x+y+(xy)/100

given price 1st decreased by 10% x is -10% and later increased by 10%

y is +10% hence

net%=-10+10+(10)×(-10)/100

net%=-10+10-100/100

net%=-10+10-1

net%=-1%

hence overall 1% is decreased on price