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a trader raised the price of his product by 10% and then he lowered the enhanced price by 10%. compared to the latest price the first price has been |
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Answer» Step-by-step explanation: Let the PRICE be 100 on increasing by 10% it becomes 110% then on LOWERING by 10% it becomes 90% of 110= 90/100×110= 99 Now if we compare the LATEST price with the FIRST price then we FIND that first price is greather than latest price by 100-99/99×100%=100/99% |
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