The price of a chocolate is increased by x% and then reduced by x%. The new price is 96.76% of the original price. Then x is:
Question and options
The price of a chocolate is increased by x% and then reduced by x%. The new price is 96.76% of the original price. Then x is:
- 18
- 9
- 36
- 82
Answer and explanation
Correct answer: A - 18
The value of is 18. The two price multipliers give , so and for the stated increase. The value 36 adds the two 18% rates instead of reporting the single rate.
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IPMAT Indore
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