By what percent the new price of the article must be increased to restore its former value, if the cost of the article is cut by 25% in the past? |
$34\frac{1}{4}$% $33\frac{1}{3}$% 33% 334% |
$33\frac{1}{3}$% |
If the cost price is cut by 25% then, CP After cutting 100 75 To restore earlier CP the CP must be increased by 75 100 so increase percentage = ( 100 - 25 ) × \(\frac{100}{75}\) = $33\frac{1}{3}$% |