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    Question

    The price of an article is increased by 20% and then

    decreased by 20%. Find the net percentage increase or decrease in the price.
    A 4% decrease Correct Answer Incorrect Answer
    B 8% decrease Correct Answer Incorrect Answer
    C 12% increase Correct Answer Incorrect Answer
    D 15% increase Correct Answer Incorrect Answer

    Solution

    ATQ, Assume original price = 100. After 20% increase: Price = 120 After 20% decrease: Price = 120 − 20% of 120 = 120 − 24 = 96 Net change = 96 − 100 = −4 So price decreases by 4%.

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