Discussion :: Percentage
- There is a 30% increase in the price of an article in the first year, a 20% decrease in the second year and a 10% increase in the next year. If the final price of the article is Rs. 2288, then what was the price of the article initially?
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Answer : Option C
Explanation :
Let the price of the article, four years age be Rs. 100 in the 1st year, price of the article = 100 + 30 = Rs. 130. In the 2nd year, price = 130 - 20% of 130 = 130 - 26 = Rs. 104.
In the 3rd year, price = 104 + 10% of 104 = 104 + 10.4 = Rs. 114.40.
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