SSC CPO 2024 PYQ — Question 106

The correct answer is option 4 i.e. 56.25%.

Let the initial price of the article be 100x.

After the successive increase of price,

New price = 100x × ${125 \over 100} \times {125\over 100}$

⇒ $100x \times {25 \over 16}$ = 156.25x

Now increase in price = 156.25x - 100x

⇒ 56.25x

Percentage increase = $56.25x \over 100x$ × 100 = 56.25%

Hence the overall increase in the price of the article is 56.25%.