Example 1easy
- A)0%
- B)4% increase
- C)4% decrease
- D)10% decrease
Step-by-step solution
- Let the original price of the article be ₹100.
- After a 20% increase, the new price becomes: 100 + (20/100) × 100 = 100 + 20 = ₹120.
- Now, the price is decreased by 20%. This decrease is applied to the new price (₹120): 120 - (20/100) × 120 = 120 - 24 = ₹96.
- The net change in price is 96 - 100 = -₹4. So, the net percentage change is (4/100) × 100% = 4% decrease.
Answer: 4% decrease