Question

The price of commodity increase by 20% in first year , decrease by 30% in second year and increase by 40% in third year. find average for these three years?​

Answer 1

Answer:

The Answer Is - 10%

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Answer 2

Answer:

The average price is,

$= x \times ( \frac{120}{100} ) \times ( \frac{70}{100} ) \times ( \frac{140}{100})$

$= x \times \frac{6}{5} \times \frac{7}{10} \times \frac{7}{5}$

$= x \times \frac{294}{250}$

$x \times \frac{117.6}{100}$

The increased in the final price is 17.6 %.