The price of an article is cut by 20%. To restore it to the Former value, the new price must be increased by - Just Crack Interview

The price of an article is cut by 20%. To restore it to the Former value, the new price must be increased by

The price of an article is cut by 20%. To restore it to the Former value, the new price must be increased by

Ques:- The price of an article is cut by 20%. To restore it to the Former value, the new price must be increased by
A. 20%
B. 24%
C. 25%
D. 28%

1 3136

One Answer on this Question

  1. LET ACTUAL PRICE BE 100 RS(FOR CONVINIENCE)
    THEREFORE IF PRICE IS CUT BY 20%
    THEREFORE NEW PRICE=100-20=80 RS
    THEREFORE WE NEED TO ADD X% TO 80 RS TO MAKE IT 20 RS AND ADD IT TO 80 TO MAKE IT 100RS
    THEREFORE, 80X/100 = 20
    I.E. 4X/5=20
    THEREFORE x=20*5/4
    =5*5
    =25
    HENCE 25% OF PRICE SHOULD BE ADDED TO MAKE THE PRICE EQUAL TO THE ACTUAL PRICE.

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to top