4 Views

Question : If the price of a washing machine is first increased by 25% and then decreased by 25%, then the net change in price will be a _____.

Option 1: 6.5% increase

Option 2: 6.5% decrease

Option 3: 6.25% decrease

Option 4: 6.25% increase


Team Careers360 13th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: 6.25% decrease


Solution : Given:
First percentage change ($x$) = 25% increase
Second percentage change ($y$) = 25% decrease
On putting the value of $x$ and $y$ in the equation,
Net percentage change $=25 - 25 - \frac{25\times 25}{100}$
$= - \frac{625}{100}\%$
$=-6.25\%$
Hence, the correct answer is a 6.25% decrease.

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books