the price of an article has been reduced by 10%. By how much percent must the new price be increased to retain the original price?
Answers
Answered by
31
let the original price is 100Rs
10% reduced means new price 90Rs
to increase 90Rs upto 100Rs -
[(100-90)/90 ] ×100 = (100/9)%
= 11 1/9 %
so 11 1/9 % must be increased to retain original price.
Method 2
original price 100
then 10% less price = 90
new price is 90 and this will be 100% value in itself.
so let x% is added in 100% to retain price
90(100+x) % = 100 ( original price)
100+x = 1000/9 ; x = (1000/9)-100
x= 100/9 = 11.11
so required % is 11 1/9 %
Similar questions