Practicing Success
The price of an article is first increased by 25% and later on, the price was decreased by 30% due to a reduction in sales. Find the net percentage change in the final price of the article. |
11.5% increased 14% decreased 13% increased 12.5% decreased |
12.5% decreased |
Let the price of article = 100 after increase = 100 + 25% of 100 = 125 Then , Price after reduction of 30% = 125 - 30% of 125 = 125 - \(\frac{30}{100}\) × 125 = 125 - 37.5 = 87.5 Decrease in final price = 100 - 87.5 = 12.5% |