QUESTION

CSAT

Easy

Maths

Prelims 2021

If the price of an article is decreased by 20% and then the new price is increased by 25%, then what is the net change in the price?

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Explanation

Let the initial price be Rs. 100

New price on decreasing the original price by 20% = $100 – 20\%$ of $100 = 100 – 20 =$ Rs. 80

Now, the final price on increasing the previous price by 25% = $80 + 25\%$ of $80 = 80 + 20 =$ Rs. 100

So, there is no net change in price.

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