The price of an article is first decreased by 10 percent and then increased by 20percent. Find the net increase or decrease percent in no
Answers
Answered by
3
Let cost of article=₹100
Price decreased by 10%
Now price=100-(100×10%)
=₹90
Increase by 20%
90+(90×20%)
=₹108
Increase in price by ₹100=₹8
%=8/100×100
=8%
Net increase=8%
Price decreased by 10%
Now price=100-(100×10%)
=₹90
Increase by 20%
90+(90×20%)
=₹108
Increase in price by ₹100=₹8
%=8/100×100
=8%
Net increase=8%
Answered by
0
Let the price of the article be Rs 100.
Increased price = Rs (100 + 20% of 100)
=Rs =120
Reduced price = (120 -10% of 120)
= 120 - 12
=108
Thus the net fall in the price of article =100- 108
=8
The percentage in fall =8/100 *100 =8%
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