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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

Option: 1

4% more


Option: 2

20% more


Option: 3

20% less


Option: 4

4% less


Answers (1)

best_answer

Let the original price be $\mathrm{x}$
$\begin{aligned} & X *(120 / 100) *(80 / 100) \\ & \Rightarrow(96 / 100) x \\ & \Rightarrow 4 \% \text { less than original price }\end{aligned}$

Posted by

Ritika Harsh

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