The price of an article was cut by 20% for sale. By what percent the discounted item be increased to again sell the article at the original price?
- 30%
- 20%
- 25%
- None of these
Explanation
Let's assume the original price is 100.
After a 20% discount, the price becomes:
100 - 20% of 100 = 100 - 20 = 80
To get back to the original price of 100, the increase needed is:
100 - 80 = 20
The percentage increase needed on the discounted price (80) is:
(20 / 80) × 100 = 25%
Related MCQs
- 10.27%
- 12.50%
- 15.27%
- None of these
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