Correct option is A
Given:
The initial price of the jacket is 100. The store first decreases the price by 30%, then increases the sale price by 10%.
Solution:
Step 1: Price decrease by 30%
The price after a 30% decrease is calculated as:
Initial Price = 100
New price after decrease = 100 - 30% of 100 = 100 - 30 = 70
Step 2: Price increase by 10% on the reduced price
Now, the price increases by 10% of 70:
New price after increase = 70 + 10% of 70 = 70 + 7 = 77
Net Percentage Change:
The net percentage change is calculated as:
Net Percentage Change = ((Final Price - Initial Price) / Initial Price) * 100
Net Percentage Change = ((77 - 100) / 100) * 100 = (-23 / 100) * 100 = -23%
Conclusion:
The net percentage change in the price of the jacket is a decrease of 23%.
English
100 Questions
100 Marks
90 Mins
