Question:If the price of a television set is increased by 25%, then by what percentage should the new price be reduced to bring the price back to the original level ?
A 15%
B 20%
C 25%
D 30%
/139
+ Answer
B
+ ExplanationLet original price be Rs. x.
New price` = (125)/(100) xx x`
`= (5x)/4`
Reduction on` = ((5x)/4 - x)`
`= x/4`
Reduction on` 100 = (x/4 xx 4/(5x) xx 100)`
`= 20%`