Increasing the original price of an item by 10%, then decreasing by 20% and then again increasing the price by 10% is equivalent to :
Created: 6 years ago |
Updated: 2 years ago
best des
Let the original price be P.
P1 = 1.1P
P2 = 0.8P1 = 0.8 x 1.1P = 0.88P
P3 = 1.1P2 = 1.1 x 0.88P = 0.968P
Change in price = {(0.968P - P) / P} x 100% = - 3.2% which is 3.2% decrease in original price.
Md Azizur Rahman
Founder of Satt
Related Question
View More
Created: 6 years ago |
Updated: 2 months ago
Created: 6 years ago |
Updated: 1 month ago
Created: 6 years ago |
Updated: 2 months ago
Promotion
Download Our Mobile Apps
