the price of an article is increased by 25% by how much percentage must this new price be decreased to retain its formal price
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20 % decrease to retain its formal price
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sreekanth1987:
plz explain the way
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let price of an article be x. when increased by 25%
it becomes 1.25x. So let's take decrease% be y% it becomes x. (100-y)/100(1.25x)=1x => 100-y=0.8(100)
=>100-y=80=>20=y So new price has to be decreased by 20% to retain its formal price.
it becomes 1.25x. So let's take decrease% be y% it becomes x. (100-y)/100(1.25x)=1x => 100-y=0.8(100)
=>100-y=80=>20=y So new price has to be decreased by 20% to retain its formal price.
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