Practicing Success
The price of apple was increased two times successively by 7% . By what percent should the new price be reduced so as to restore the original price? |
20% 12.7% 15.5% 11.5% |
12.7% |
7% = \(\frac{7}{100}\) Let number = 100 After increasing by 10% successively, the number = 100 × \(\frac{107}{100}\) × \(\frac{107}{100}\) = 114.49 To restore number should be decreased by = 114.49 - 100 = 14.49 Decreasing percentage = \(\frac{14.49}{114.49}\)× 100 = 12.7% |