Question

Price of a commodity increased by 30%. By what percentage should it be reduced to bring it to actual level?​

Answer 1

Answer:

hlo

your answer is here !

Step-by-step explanation:

let initial price= 100 (or x)

New price= 1.3*100= 130 (or 1.3x)

Difference= 30 (or 0.3x)

The price needs to be reduced by 30 but from a reference point of 130

= (30/130)*100= 23.07% (or (0.3x/1.3x)*100)

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