Question

The price of an article is increased by 20%. Then, a discount of 10% is given on it. What is the net percentage change in the price of the article?​

Answer 1

Answer:

10% price is increased as on 20% price incresed 10% discount is given

Answer 2

Answer:

8%

Step-by-step explanation:

Let initial price be Rs.100

Increase in price=20%

∴New price=100(1+10020)

=120

Now  the  price  is  decreased  by   10%

∴New price=120(1−10010)

=108

∴final price=108

initial price=100

∴Increase in price=(108−100)=Rs.8

%increase=initial priceincrease(in Rs)×100

=1008×100%

=8%

Hence,  there  is 8%  increase  in  price