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The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:
Answer & Solution
Correct Answer:
Option
A
Initial Cost = Rs. 75
After 20% increase in the cost, it becomes,
(75 + 20% of 75) = Rs. 90
Now, Cost is decreased by 20%, So cost will become,
(90 - 20% of 90) = Rs. 72
So, present cost is Rs. 72
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LoginNow, 75*(100-4)%=72
Increased 20%= 20/100×75=15
So, 75+15=90
Now cost is decreased by 20%=20/100×90=18
Therefore present cost=90-18 =72ans
20%=1/5
5 6
5 4
25 24
*3 *3
75 72 ans