CSC
Company
Numerical Ability
Profit and Loss
Price of a book increases 15% successively (2times) what is the new price of the book more compared to that of the old price:
a)32.25% b)23.34% c)36% d)39%
Read Solution (Total 2)
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- let the old price be Rs.100
Increase 15% successively two times
The the new price becomes (100+15)*115/100=Rs132.25
New price is more by Rs.32.25 in comparison to the old price
the % increase is 32.25% - 12 years agoHelpfull: Yes(1) No(3)
- New price is 1.15*1.15*old price = 1.3225 *old price
Increase in price = 0.3225 * old price
% increase = 100* 0.3225 * old price /old price = 32.25 % - 12 years agoHelpfull: Yes(1) No(2)
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