Wednesday, 23 March 2016

#17 Percentage Question

if the price of a book is first decreased by 25% and then increased by 20%, then the net change in the price will be  : 

A) 10
B) 20
C) 30
D) 40

Answer & ExplanationAnswer: A) 10 

Explanation:

Let the original price be Rs. 100.

New final price  = 120 %  of (75 % of Rs. 100) = Rs. (120/100 * 75/100 * 100) = Rs. 90.

Decrease = 10%

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