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The price of an article is reduced by 25%. In order to retain the original price, the present price has to be increased by :
Answer & Solution
Correct Answer:
Option
C
Let the original price = Rs. 100
New price = Rs. 75
Increase on 75 = 25
Increase on 100 :
$$\eqalign{ & = \left( {\frac{{25}}{{75}} \times 100} \right)\% \cr & = \frac{{100}}{3}\% \cr & = 33\frac{1}{3}\% \cr} $$
New price = Rs. 75
Increase on 75 = 25
Increase on 100 :
$$\eqalign{ & = \left( {\frac{{25}}{{75}} \times 100} \right)\% \cr & = \frac{{100}}{3}\% \cr & = 33\frac{1}{3}\% \cr} $$
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