Question : The price of an article is cut by 42%. To restore to its original value, the new price must be increased by:
Option 1: 42%
Option 2: 72.41%
Option 3: 29.58%
Option 4: 52.5%
Latest: SSC CGL preparation tips to crack the exam
Don't Miss: SSC CGL complete guide
Correct Answer: 72.41%
Solution :
Let the original value be 100 units.
Value reduced = 42 units
So, reduced value = 100 – 42 = 58 units
Percentage increase needed to restore the original value = $\frac{\text{Increase in price} × 100}{\text{Reduced value}}$%
= $\frac{42×100}{58}$
= 72.41%
Hence, the correct answer is 72.41%.
Related Questions
Know More about
Staff Selection Commission Combined Grad ...
Answer Key | Eligibility | Application | Selection Process | Preparation Tips | Result | Admit Card
Get Updates Brochure
Your Staff Selection Commission Combined Graduate Level Exam brochure has been successfully mailed to your registered email id “”.
