If the price of a shirt is increased by 20% and then decreased by 20%, what is the net change in the price?
Practice Questions
1 question
Q1
If the price of a shirt is increased by 20% and then decreased by 20%, what is the net change in the price?
0%
4%
5%
6%
Let the original price be 100. After a 20% increase, price = 120. After a 20% decrease, price = 120 - 24 = 96. Net change = (96 - 100)/100 * 100% = -4%.
Questions & Step-by-step Solutions
1 item
Q
Q: If the price of a shirt is increased by 20% and then decreased by 20%, what is the net change in the price?
Solution: Let the original price be 100. After a 20% increase, price = 120. After a 20% decrease, price = 120 - 24 = 96. Net change = (96 - 100)/100 * 100% = -4%.
