Percentage Mcqs


Q.  If the price of an article went up by 20%, then by what percent should it be brought down to bring it back to its original price?

a. 16 2/3%
b. 20%
c. 22 1/3%
d. 15%
e. None of these


ANSWER: See Answer
 
Let the price of the article be Rs. 100.

20% of 100 = 20.
New price = 100 + 20 = Rs. 120
Required percentage = (120 – 100)/120 * 100
= 20/120 * 100 = 50/3 = 16 2/3%.
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