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Increasing the original price of an item by 20% and then decreasing the price by 20% is equivalent to which of the following?

Increasing the original price of an item by 20% and then decreasing the price by 20% is equivalent to which of the following? Correct Answer 4% decrease

let the number is 100 increase 20% = 100 + 20 = 120 decrease of 20% on 120 = (20/100)×120 = 24 nett amount 120–24 = 96 So decrease 100–96 = 4 decrease of 4 out of 100 percentage of decrease 4%

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