The price of a mobile is first increased by 20 percent and later decreased by 25 percent. What is the net percentage change in the final price of the mobile?
A10 percent decrease ✓ Correct
B18 percent decrease
C20 percent decrease
D12 percent decrease
Correct answer: (A) 10 percent decrease
Explanation
The net change is a 10 percent decrease.
take starting price = 100.
after +20% it becomes 120.
after -25% it becomes 120 x 0.75 = 90.
change = 90 - 100 = -10, a 10 percent decrease.
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