prices of tomato increased20% and then decreased by30% find the net increase or decreased percent
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Answer:
Step-by-step explanation:
Let price be rs.100
1st, increase 20% = 100%+20%=120%
so, price becomes = 100 × 120%
then 2nd, decrease 30% = 100% - 30%=70%
so this decrease is after the increment, means
price after decrement = (100 × 120%) × 70%
= 100 × (120 ÷ 100) × (70 ÷ 100)
= 84 (as it is lower than price 100 so its a loss)
and, total decrease = 100 - 84 = 16
decrease percentage = (16 ÷ 100) × 100 = 16%
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