Question:

The price of copper rose by 25 per cent and then fell by 20 per cent. The price after these changes was

Updated On: Oct 10, 2024
  • 20 per cent greater than the original price
  • 5 per cent greater than the original price
  • the same asth original price
  • 5 per cent less than the original
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The Correct Option is C

Solution and Explanation

The correct answer is option (C).
⇒Percentage change = (+25)+(-20)+(\(\frac{-25\times20}{100}\))
⇒5-5 = 0
\(\therefore\) effective percentage change is zero, the final price will be same as effective price.
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