Prelims 2022 · CSAT / Quantitative Aptitude · Question 20
The increase in the price of a certain item was 25%. Then the price was decreased by 20% and then again increased by 10%. What is the resultant increase in the price?
Answer
10%
Re-checking with base price 100: after +25%, price = 125; after -20%, price = 100; after +10%, price = 110. Net change from 100 to 110 is +10%.
- (a) 5%: Would give final price 105. Incorrect.
- (b) 10%: Final price is 110, so resultant increase is 10%. Correct.
- (c) 12.5%: Would give final price 112.5. Incorrect.
- (d) 15%: Would give final price 115. Incorrect.
The earlier conclusion of (d) was a mistake; the correct answer is (b).