The price of an article is cut by 42%, to restore to its original value, the new price must he increased by ______.
A) 42 percent B) 72.41 percent C) 29.58 percent D) 52.5 percent
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Answer:
42 percent is your answer
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Step-by-step explanation:
Let the original price of the article = Rs. 100
If the price is cut by 42%, => New price = Rs. (100−42)/100×100=Rs.58 To restore to its original value the new price must be increased by = (100 - 58)/100 ×100
4200/58 = 72.41%
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