Increasing the original price of an item by 10%, then decreasing by 20% and then again increasing the price by 10% is equivalent to :

Increasing the original price of an item by 10%, then decreasing by 20% and then again increasing the price by 10% is equivalent to :

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: 1 week ago | Updated: 1 week ago | Created By:

Imran Ahmed

4.4% increase

riginal price

3.2% decrease

3.5% decrease

0 2

Best Answer Explained in Below-:

Let the original price be P. \(P^{1}\) = 1.1P \(P^{2}\) = 0.8P1 = 0.8 x 1.1P = 0.88P \(P^{3}\) = 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.

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