Question

price of an article is first incresed by 40% & then reduced by 20% what is the percentage increased in its price​

Answer 1

Answer:

answer is 12%, may you guess it easily

Answer 2

Let the price of the article be Rs.100

ATQ(according to question)

The cost of the article increased by 40%

So,the SP of the article after increasing in amount

=100+40%of 100

=100+40/100×100

=100+40

=140

Then the cost of the article reduced by 20%

So,the SP of the article reducing in amount

=140-20%of 140

=140-20/100×140

=140-28

=112

The percentage of increased price

=increased money/cost price of the article×100

=12/100×100

=12%

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