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The marked price (x) of an item is increased by 10% and subsequently decreased by 15%. If the final price is y, then :
Explanation
To find the relationship between x and y, we can apply the successive percentage change formula or calculate step-by-step:
- Let the initial marked price be x.
- Step 1: Increase x by 10%.
New Price = x + 0.10x = 1.10x - Step 2: Decrease the result by 15%.
y = 1.10x × (1 − 0.15)
y = 1.10x × 0.85
y = 0.935x
Since y = 0.935x, it implies that y is 93.5% of x. Therefore, y is less than x, which can be written as x > y.
Alternatively, using the net percentage change formula [a + b + (ab/100)]%:
Net change = [10 − 15 + (10 × −15)/100]% = [−5 − 1.5]% = −6.5%.
A negative result indicates a net decrease from the original value, confirming x > y.
SIMILAR QUESTIONS
A shopkeeper gives two consecutive discounts of 10% and 5% respectively on his items. He then adds 20% GST on his items. If an item has marked price 2,000, how much more or less of the actual price of the item a customer has to pay?
A shopkeeper gives a discount of 10% on his items. ₹ 280 is the marked price of an item. On selling this item, the shopkeeper earns a profit of 26%. What is the cost price of the item ?