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ExamsSSC CGL (Prelims)General

The price of an article first increases by 10% and then decreases by 10%. What is the net percentage change?

  1. -1%
  2. 0%
  3. 1%
  4. -2%

Correct answer: -1%

Solution

If the original price is 100, after a 10% increase it becomes 110. A 10% decrease on 110 gives 99, which is 1 less than 100. So the net change is -1%.

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