The price of sugar is first increased by 20% and later decreased by 20%. Find the total change in per cent in sugar price.
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Answer:
4 1/6%
Step-by-step explanation:
Let x be original price of sugar.
price of sugar after increasing it by 20% = x+x*20/100 = x+x/5 = 6x/5
price of sugar after decreasing it by 20% = 6x/5 - 6x/5*20/100 = 6x/5-6x/25
= 24x/25
Therefore total change percent in sugar price
= change in value/changed value * 100%
= (x-24x/25)/(24x/25 ) *100% = (x/25)/(24x/25) * 100%
= x/25 * 25/24x * 100% = 25/6 = 4 1/6 %
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