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%

required number = 15 + 15 + 15×15100                                  = 15 + 15+ 2.25                                 = 32.25 (Ans) 
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