The price of an article was increased two times successively by 10% each time. By what percent should the new price be reduced so as to restore the original price.
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7
price increased 2wice by 10% each time
Successive % change = A + B + A.B/100
= 10 + 10 + 10*10/100
= 20 + 1 = 21% successive change
New price should be reduced by = 121 - 100 = 21
% reduction = 21/121 * 100
= 2100/121
= 17.35%
inhumandrowsey:
Ty :)
Answered by
1
10%(10%offirst price ) is the profit addit and find answer if any problem comes contact me
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