if the price of the article wentup by 20% then by what percent should it be brought. down to bring back its original price? detailed explanation
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Step-by-step explanation:
Let the price of the article be Rs. 100.
20% of 100 = 20.
New price = 100 + 20 = Rs. 120
Required percentage = (120 – 100)/120 * 100
= 20/120 * 100 = 50/3 = 16 2/3%.
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