The price of an item is increased by 20% and then decreased by 20%. The final price as compared to original price
4% more
20% more
20% less
4% less
Let the original price be $\mathrm{x}$
$\begin{aligned} & X *(120 / 100) *(80 / 100) \\ & \Rightarrow(96 / 100) x \\ & \Rightarrow 4 \% \text { less than original price }\end{aligned}$