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Increasing the original price of an article by 15 percent and then increasing the new price by 15 percent is equivalent to increasing the original price by --

Increasing the original price of an article by 15 percent and then increasing the new price by 15 percent is equivalent to increasing the original price by -- Correct Answer 32.25%

Initial Price = 100 tk 15% increase = 115 tk Again 15% increase on new price = 115 + (115∗15/100) = 115 + 117.25 = 132.25 tk Percentage Increase = 132.25 - 100 = 32.25 ans:  32.25%

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