The price of a trouser is first decreased by 12% and then increased by 15%. If the initial price of the trouser was ₹1,500, find the final price (in ₹) of the trouser.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is Option 1 i.e. 1518.
Price after 12% decrease = 1500 × (1 - 0.12)
⇒ 1500 × 0.88 = ₹1320
Price after 15% increase = 1320 × (1 + 0.15)
⇒ 1320 × 1.15 = ₹1518