The price of a product was increased by 10% and then decreased by 5%. What is the final price if the original price was ₹200?
Show answer & explanation
Correct answer: A
Explanation
Original Price = ₹200
After a 10% increase:
New Price = 200 × 110/100
= ₹220
After a 5% decrease:
Final Price = 220 × 95/100
= ₹209
Answer: ₹209