The price of a commodity is increased by 25%, then decreased by 20%. What…
The price of a commodity is increased by 25%, then decreased by 20%. What will be the net percentage change in the price?
- A5% increase
- B10% increase
- C5% decrease
- DNo change
Answer and explanation
Correct answer: D
Take the price as 100. A 25% rise gives 125, and a 20% fall on 125 is 25, leaving 100. The price returns to its original value, so there's no net change.