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    Question

    The price of a computer increases by 10% in the first

    year, decreases by 5% in the second year, and increases by 8% in the third year. If the original price was ₹50,000, then the final price (in₹) is: 
    A 54,120 Correct Answer Incorrect Answer
    B 55,830 Correct Answer Incorrect Answer
    C 56,430 Correct Answer Incorrect Answer
    D 55,100 Correct Answer Incorrect Answer

    Solution

    Original price = ₹50,000 Year 1: +10% ⇒ ₹50,000 × 1.10 = ₹55,000 Year 2: -5% ⇒ ₹55,000 × 0.95 = ₹52,250 Year 3: +8% ⇒ ₹52,250 × 1.08 = ₹56,430

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