The price of an article is first increased by 20% and later on decreased by 25% due to reduction in sales. Find the net percentage change in final price of article.

The price of an article is first increased by 20% and later on decreased by 25% due to reduction in sales. Find the net percentage change in final price of article.
1). 20%
2). 18%
3). 38%
4). 10%

2 answers

25 vote

Answered by Guest on 2019-04-18 11:17:38 | Votes 25 | #

Solution

Let the initial price of the article = Rs. $100x$

Price after 20% increase = $\frac{120}{100} \times 100x = 120x$

Price after 25% decrease = $\frac{75}{100} \times 120x$

= $90x$

$\therefore$ Net % change = $\frac{100x - 90x}{100x} \times 100$

= $10 \%$

Other Questions

1. Prime Minister Shri Narendra Modi unveiled a statue of Mahatma Gandhi during his offcial visit to ?Bishkek?, the capital city of___________

2. Choose the word or group of words which is most opposite in meaning of the word printed in bold.

3. In each of the questions given below, relationship between dif erent elements has been shown in the statements followed by two conclusions numbered I and II. Read the statements and conclusions carefully and select the most appropriate answer in each question.

4. Instructions: In the following passage there are blanks, each of which has been numbered. These numbers are printed below the passage and against each, five words are suggested, one of which fits the blank appropriately. Find out the appropriate word in each case.President Barack Obama?s recent stat

5. The time taken by 24 children to complete a project is twice the time taken by 16 women to complete the same project. If 28 women complete the project in 8 days, how many days will 28 women and 24 children together take to complete the project?

6. Choose the word which is ??MOST OPPOSITE?? in meaning of the word given in ??bold??.

7. Study the following information and answer these questions :(A) P, Q, R, S, T, U and V are sitting in a circle facing the centre.(B) S who is second to the right of R is not to the immediate right of V.(C) U is not between V and T.(D) P is between R and Q.

8. Read the following passage carefully and answer the question given below it.Certain words are printed in bold to help you locate them while answering some of the questions.In a reversal of the norm elsewhere, in India policymakers and economists have become optimists while bosses do the worrying. Th

9. Rearrange the following six sentences (A), (B), (C), (D), (E) and (F) in the proper sequence to form a meaningful paragraph; then answer the questions given below them.(A) Thus rapid development is still unable to meet demand.(B) Surplus funds from hikes in passenger fares and cuts in staff have mad

10. Of the 5 words listed below, which one is the odd one out ?

Guest · Accepted Answer · 2019-04-06 11:30:02