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The price of an article is first increased by 20% and later on decreased by 25% due to reduction in sales. Find the net percentage change in final price of article.

A) 20%
B) 18%
C) 38%
D) 10%
E) None of these

Correct Answer:




D) 10%

Description for Correct answer:
Let the initial price of an article = Rs x

According to question,

Price of article after changement

= x * \( \Large \frac{120}{100} \) x \( \Large \frac{75}{100} \) = \( \Large \frac{9x}{10} \)

Required percentage = \( \Large \frac{x - \frac{9x}{10}}{x} \) x 100

= \( \Large \frac{x * 100}{10 * x} \) = 10%

Part of solved SBI JuniorAssociate-6 questions and answers : Exams >> Bank Exams >> SBI JuniorAssociate-6

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