What will be the Final Price? If

The price of an item is increased by 20% and then decreased by 20% . The final price as compared to original price is:

  1. 20% less
  2. 20% more
  3. 4% more
  4. 4% less
Desire Adnan Default Asked on 3rd August 2015 in Maths.
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  • 1 Answer(s)

    Answer: (4) 4 % less
    Explanation:-
    Let the price of an item is Rs.100
    price is increased by 20 %,
    Then, The price of an item = 100 + 100 x 20 /100
    = 100 + 20
    = Rs.120

    And price is decreased by 20 %.
    Then, the price of an item = 120 – 120 x 20/100
    = 120 – 24
    = Rs.96
    Loss % = 100 – 96
    = 4 %
    Hence, the answer is (4) 4 % less.

    Anurag Mishra Professor Answered on 3rd August 2015.
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