Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Percentages

Question:

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.

Options:

11.5% increased

14% decreased

13% increased

12.5% decreased

Correct Answer:

12.5% decreased

Explanation:

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%