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  • The price of an item is increased by 20% and then decreased by 20%. The final price as compared to original price

The price of an item is increased by 20% and then decreased by 20%. The final price as compared to original price

  • Option 1)

    5 % more

  • Option 2)

    20% more

  • Option 3)

    20% less

  • Option 4)

    4% less

  • Option 5)

    4% more

Answers (1)

best_answer

Let the original price be X

  X\times \left ( \frac{120}{100} \right )\times \left ( \frac{80}{100} \right )

\Rightarrow \left ( \frac{96}{100} \right )X

\Rightarrow 4% less than original price

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