Question

The price of an item increased by 20% and then decreased by20%.The final price as compared to the original price?

Answer 1

Answer:

4% loss.

Step-by-step explanation:

Let,

Original price be 100

Then, After increasing the price 120

Now,You have to decrease the price 20%

ATQ,

100%=120

1%= 120/100

20% =[120×20]/100

=24

So,new price is (120-24)=96

That means, 4% loss will be faced,if it will be compared to the original price.