SOLUTION: The price of a refrigerator decrease by 20%and then by 25%. By what percent must the price increase to reach the original price
Algebra.Com
Question 844163: The price of a refrigerator decrease by 20%and then by 25%. By what percent must the price increase to reach the original price
Answer by josgarithmetic(39630) (Show Source): You can put this solution on YOUR website!
p = original price.
Decrease 20%.
Decrease 25% from (8/10)p.
The 20% and then the 25% decreases were effectively a decrease of of the original price, which is a 40% decrease from the original price p.
The question is, starting from , what is the percent increase to reach ?
Let m be a factor so that . What is the value of this factor, m? No steps needed hopefully, for seeing that . As the percent increase, this is ; the two-thirds part being the fraction of the increase needed. As a percentage, this is percent increase.
RELATED QUESTIONS
a stock decreases in value by 20 percent by what percent must the stock price increase to (answered by josmiceli)
The price of a refrigerator was first reduced by 30 percent and then was increased by... (answered by josgarithmetic)
A stock decreases in value by 20 percent. By what percent must the stock price increase... (answered by edjones,checkley77)
The price of an article increased by 20 percent and then increased by 25 percent, but the (answered by josgarithmetic)
a retailor increases the selling price by 25% due to which his profit percentage increase (answered by stanbon)
the original price of an item is increased by 50%, then reduced by 1/3,and then increased (answered by stanbon)
the original price of an item was increased by 40%. then new price was reduced by 30%.... (answered by josgarithmetic)
The original price of an smartphone was increased by 25%. A sale brought the price of... (answered by josgarithmetic,ikleyn)
The price of a product increases by 25% to £230. What was the original... (answered by macston)