Question : Directions: If the price of a certain product is first decreased by 35% and then increased by 20%, then what is the net change in the price of the product?
Option 1: 20%
Option 2: 25%
Option 3: 22%
Option 4: 30%
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Correct Answer: 22%
Solution : Given: Let the price of the product be 100.
When the price is decreased by 35%, it becomes 100 – 35% of 100 = 100 – 35 = 65 Then, it is increased by 20%. It becomes 65 + 20% of 65 = 65 + 13 = 78 Net change in the price of the product = {(Original price – Changed price) ÷ Original price} × 100 = {(100 – 78) ÷ 100} × 100 = {22 ÷ 100} × 100 = 22
So, the net change in the price is 22%. Hence, the third option is correct.
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Question : Directions: The value of a certain product depreciates at the rate of 20% every year. It was purchased 3 years ago. If its present value is INR 10,000, then what was the approximate purchase price of the product?
Option 1: INR 15,237
Option 2: INR 19,531
Option 3: INR 18,145
Option 4: INR 25,000
Question : Directions: When the petrol prices increased by 25%, Yogesh reduced his travel so as to keep his monthly expenses on petrol the same as earlier. By what percentage did Yogesh reduce his travel?
Option 1: 30%
Option 3: 15%
Option 4: 20%
Question : Directions: The ratio of the father's age to the son's age is 5 : 2. If the product of their ages is 160, then what is the age of the father?
Option 1: 22
Option 2: 24
Option 3: 20
Option 4: 18
Question : Directions: If + means –, – means ×, × means ÷, and ÷ means +, then what will come in place of (?) in the given equation? 7 ÷ 20 – 5 × 20 + 2 = ?
Option 1: 10
Option 2: 15
Option 4: 30
Question : Directions: A book that costs INR 40 is sold for 25% profit. If the cost of the book is increased by 10% and the profit percentage remains the same, what would be the new selling price of the same book?
Option 1: INR 55
Option 2: INR 58
Option 3: INR 52
Option 4: INR 48
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