Example 1easy
- A)The final price is the same as the original price.
- B)The final price is less than the original price.
- C)The final price is more than the original price.
- D)The final price depends on the original price value.
Step-by-step solution
- Let the original price be ₹100.
- Increasing by 20%: New price = 100 + (20/100) × 100 = 100 + 20 = ₹120.
- Decreasing the new price by 20%: Decrease amount = (20/100) × 120 = ₹24.
- Final price = 120 - 24 = ₹96. Since ₹96 < ₹100, the final price is less than the original price.
Answer: The final price is less than the original price.