If any goods price are increased by 20%,again reduced by 20%. What is – InterviewSolution

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1.	If any goods price are increased by 20%,again reduced by 20%. What is gain or loss ?
Answer» Assume the number to be 100 for instance,12% of 100 increased = 100 + ( 12/100100 )= 100 + 20 = 120The resulting number decreased by its 10% = 120- (20/100120)= 120-24 = 96Now, net decrease =100-96 = 4Decrease percent = (Decrease / Original number * 100) %= ( 4 / 100 *100 )%= 4%.

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