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Two successive price increase of 10 and 10 of an article...

This question belongs to Arithmetic Ability Profit And Loss
Profit and Loss
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Two successive price increase of 10% and 10% of an article are equivalent to a single price increase of:

Answer & Solution
Correct Answer: Option C
100 --- 10%↑ → 110 --- 10%↑ → 121
Equivalent price increase = 21%
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