mangoes costed rs 50 a kg.the cost went up by 20% n.later the cost went down by 10%. by what percent is thefinal cost above the initial cost?
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Step-by-step explanation:
initial cost=Rs.50
cost went up by 20%
therefore ,increase=20/100×50=Rs.10
new cost =50+10=Rs.60
cost went down by 10%
therefore,decrease=10/100×60=Rs 6
new cost=60-6=54
now,final cost=54
initial cost =50
increase in cost=54-50=4
increase%= increase/initial value×100
=4/50×100
=8%
therefore, the final cost is above the initial cost by 8%
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