The price of an article is first increased by 25% and then decreased by 25%. What is the net percentage…
The price of an article is first increased by 25% and then decreased by 25%. What is the net percentage change in its price?
Answer and solution
Correct answer: B) 6.25% decrease
Net change = 25 − 25 − (25 × 25)/100 = -6.25%, i.e. a 6.25% decrease.
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