In creasing 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: 1 year ago
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In creasing the original price of an item by 10%, then decreasing by 20% the effect of it Will be
+10-20+ [10×(-20)]/100 = -12
Then again increasing the price by 10% the effect will be
-12+10 +[(-12)×10]/100 = -3.2
So, 3.2 decrease
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