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      Question

      An article’s price is increased by 20% and then

      decreased by 10%. Find the net percentage change
      A 11% decrease Correct Answer Incorrect Answer
      B 18% increase Correct Answer Incorrect Answer
      C 8% increase Correct Answer Incorrect Answer
      D 21% decrease Correct Answer Incorrect Answer

      Solution

      Net factor = 1.20 * 0.90 = 1.08 Net change = +8% Answer: 8% increase

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