Question

the price of an article is decreased by 10%.if the decrease in price is ₹22,find the original and final price of the article​

Answer 1

Answer:

Let the initial price of the product be ₹100

Price of a product is increased by 10%

On increase of price by 10% it's cost will be

₹100 + ₹10 = ₹110.

Then price decreased by 20%.

Decrease of 20% on price of ₹110

20/100 × 110 = ₹22

After decrease it's price will be

110 - 22 = ₹88

The final price relative to the initial price

= Initial price - price after 20% decrease

= ₹100 - ₹88

= ₹12

As it is on ₹100 so it will be 12%

Thus there is loss of 12%

Answer there is 12% loss relative to initial price.

Answer 2

Answer:

Given,

10% of article is ₹22/-

Then,

100% of article is ₹220/-

So,

the original price of the article = ₹220/

And,

final price of the article = ₹220/- + ₹22/-

= ₹240/-

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