ICSE Class 8 Answered

The price of potatoes first increased by 10% and then fell by 8%. Find the net percentage change in the price of potatoes

Asked by Cl_narayan | 13 Nov, 2019, 08:10: PM

Expert Answer

Let original price of potatoes be Rs. 100.

It increased by 10% then new price will be 100 + 10/100 × 100 = Rs. 110

Again it decreased by 8%.

Then price will be 110 - 8/100 × 110 = 110 - 8.8 = Rs. 101.2

Change in price = 110 - 101.2 = 8.8

percentage change in the price of potatoes = 8.8/110 × 100 = 8%

Answered by Sneha shidid | 14 Nov, 2019, 09:39: AM

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