Question

The price of an article has been reduced by 35%. In order to restore the original price the new price must be increased by ?

Answer 1

Answer:33.3%

Step-by-step explanation:

The new price = x which is 0.75 of the old price (y)

So x=0.75y

So y = x/0.75 = (4/3)x

4/3 = 1.33333333... = 133.333333...%

So the price must be increased by 33.33...% which is about 33.3% (to 3 sig fig)