The Price of potatoes first increased by 10% and then fell by 8%. Find the net Percentage in the price of potatoes.
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The Price of potatoes first increased by 10% and then fell by 8%. Find the net Percentage in the price of potatoes.
ANSWER = 2%
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Answer:
Price increased by 10% and then decreased by 10%
let the price of an item be Rs.100
10%
= 10010
= 101
So 10% of 100
= 10010×100=10
New price after increase=100+10=110
Now 10% of 110 is = 10010×110=11
So new price after decrease is Rs.110−11=Rs. 99
Rs.1 loss on Rs.100 means 1%
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