The price of an article is first increased by 10% and then decreased by 20%. What is the net percentage…

Percentage · Quantitative Aptitude · Medium · Practice for IBPS Clerk Prelims, SSC CGL Tier 1

The price of an article is first increased by 10% and then decreased by 20%. What is the net percentage change in its price?

  1. 9% increase
  2. 14% decrease
  3. 12% decrease
  4. 10% increase
Answer and solution

Correct answer: C) 12% decrease

Net change = 10 − 20 − (10 × 20)/100 = -12%, i.e. a 12% decrease.

Learn the method: Percentage rules and worked examples

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