# 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:

- 20% less
- 20% more
- 4% more
- 4% less

**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.