1. The price of an article is first increased by 20% and later on decreased by 25% due to reduction in sales. Find the net percentage change in final price of article.
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By: anil on 05 May 2019 01.21 am
[u][/u]Let the initial price of the article = Rs. $$100x$$ Price after 20% increase = $$frac{120}{100} imes 100x = 120x$$ Price after 25% decrease = $$frac{75}{100} imes 120x$$ = $$90x$$ $$ herefore$$ Net % change = $$frac{100x - 90x}{100x} imes 100$$ = $$10 \%$$
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