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      Question

      A price is first increased by 20% and then decreased by

      25%. What is the net percentage change?
      A 12% decrease Correct Answer Incorrect Answer
      B 20% increase Correct Answer Incorrect Answer
      C 15% increase Correct Answer Incorrect Answer
      D 10% decrease Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let price = 100 After +20% β†’ 120 After –25% β†’ 120 Γ— 0.75 = 90 Net change = 90 – 100 = –10%

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