Question

    A product was initially priced at 200. During a sale,

    the price was first decreased by 20%. Later, due to high demand, the sale price was further increased by 25%. Is the final price higher or lower than the original price, and by what percentage?
    A 5% lower Correct Answer Incorrect Answer
    B 2.5% lower Correct Answer Incorrect Answer
    C 2.5% higher Correct Answer Incorrect Answer
    D No change Correct Answer Incorrect Answer

    Solution

    Price of product after first change = 80% of 200 = 160 Price of product after second change = 125% of 160 = 200 Which is equal to the initial price.

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