If the price of a washing machine is first increased by 25% and then decreased by 25%, then the net change in price will be a :
Answer & explanation
Correct answer: option 2
Net change in percentage = +A% - B% - \(\frac{AB }{100}\)%
= +25% - 25% - \(\frac{25 × 25 }{100}\)%
= - 6.25%
= 6.25% decrease