SSC CHSL 11 Jan 2017 Shift 2 Paper

Question : 84 of 100

Marks: +1, -0

The price of an article is cut by 7%, to restore it to its original value, the new price must be increased by

Solution:

Let the original price of the article = Rs. 100
If the price is cut by 7%, ⇒ New price =

{100 − 7} /100× 100 = Rs.93

To restore to its original value the new price must be increased by =

{100 -93} /93 × 100

700/93=7.526 ≈ 7.53%

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