Question

Price of a product is increased 18%. In which ratio the price should be decreased such that the price drops down to initial price.​

Answer 1

Answer:

So, the decreased ratio = 1−5057=757. So, we have found the ratio at which the price should be decreased such that the price drops down to the initial price as 757. Note: We should not stop after finding the ratio 5057 as it is not the required answer.