The price of a shirt is increased by 15% and then reduced by 15%. The final price of the shirt is
(a) Does not change (b) Increase by 2.25%
(c) Decrease by 2.25% (d) None of these
The price of a shirt is increased by 15% and then reduced by 15%. The final price of the shirt is
(a) Does not change (b) Increase by 2.25%
(c) Decrease by 2.25% (d) None of these
Let the original price be Rs. 100.
New final price = 85% of (115% of Rs. 100) = Rs. 97.75.
Decrease = 2.25%.