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#1 2015-04-16 09:37:59
Successive Price Increase:
Question:
Two successive price increase of 10% and 10% of an article are equivalent to a single price increase of:
Option A):
33(1/3)
Option B):
21%
Option C):
26(2/3)
Option D):
25%
Correct Answer is Option B):
21%
Explanation:
100----10%↑--→110---10%↑--→121.
Equivalent price increase = 21%.
Failure is the first step towards seccess.
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2015-04-16 09:37:59
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