The price of an item first increases by 20% and the decreases by 20% from the new price. What is the net percentage change in the original price of the item?
The price of an item first increases by 20% and the decreases by 20% from the new price. What is the net percentage change in the original price of the item?
किसी वस्तु का मूल्य पहले 20% बढ़ाया जाता है और फिर नई कीमत पर 20% कम कर दिया जाता है। वस्तु के मूल मूल्य में कुल प्रतिशत परिवर्तन क्या होगा?
Detailed Solution & Logic
-4%
Assume original price = 100
After 20% increase:
$100 \times 1.2 = 120$
After 20% decrease:
$120 \times 0.8 = 96$
So, final price = 96
Net change = 100 → 96 = decrease of 4
Percentage change:
$ \frac{4}{100} \times 100 = 4% $
Answer: 4% decrease
Similar Practice Questions
Identify the figure given in the options which when put in place of the question mark (?) will logically complete the series?
Identify the figure given in the options which when put in place of the question...
Read the following information carefully
Read the following information carefully and identify the correct relationship between the persons mentioned in...
Find the missing term in the series: P2, R4, T6, __, X10
Find the missing term in the series: P2, R4, T6, __, X10 श्रृंखला में लुप्त...
Select the correct option that indicates the arrangement of the given words in the order in which they
Select the correct option that indicates the arrangement of the given words in the order...
Study the given diagram carefully
Study the given diagram carefully and answer the question that follows. The numbers in different...
Identify the figure given in the options, which
Identify the figure given in the options, which when placed in place of question mark...
Based on the English alphabetical order, three of the following four letter-clusters are alike in a certain way and thus form a group. Which letter-cluster DOES NOT belong to that group?
Based on the English alphabetical order, three of the following four letter-clusters are alike in...