Subject
Bank Exam
Topic
NCC Bank Ltd. 2011 (MTO)
If the price of an item is increased by 10% and then decreased 10% , the net effect on the price of the item is---
If the price of an item is increased by 10% and then decreased 10% , the net effect on the price of the item is---
ক)
an increase of 99%খ)
an increase of 1%গ)
no changeঘ)
a decrease of 1%Explanation
at 10% increase, if previous price 100 then current price (100+10)=110 tk at 10% decrease, if previous price 100 then current price (110-11)=99 tk so, net effect on the price of the item is a decrease of 1%Related questions
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