The price of an article was cut by 50% for sale. By what percent the discounted item be increased to again sell the article at the original price?
- 50%
- 75%
- 100%
- None of these
Explanation
Let's say the original price is 100.
The price is cut by 50%, so the sale price is:
100 - 50% of 100 = 100 - 50 = 50
To sell the article at the original price (100), the increase needed is:
Increase = 100 - 50 = 50
Percentage increase = (Increase / Sale price) × 100
= (50 / 50) × 100
= 100%
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