Civil Service Exam Reviewer · Percentage · hard
The price of a product was increased by 25% and then decreased by 15%. What is the net percent change?
- 10% increase
- 12.5% increase
- 6.25% increase
- 6.25% decrease
Answer
C. 6.25% increase
Solution
Net factor = 1.25 × 0.85 = 1.0625 → increase of 6.25%.
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