document.write( "Question 948310: The price of an item is successively increased by 20% then reduced
\n" ); document.write( "by 20%.
\n" ); document.write( "By how much as the initial price been diminished?
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Algebra.Com's Answer #578801 by Fombitz(32388)\"\" \"About 
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Let's start with X.
\n" ); document.write( "Increase it by 20%.
\n" ); document.write( "\"X%2B%2820%2F100%29X=X%2B0.2X=1.2X\"
\n" ); document.write( "Now decrease by 20%.
\n" ); document.write( "\"1.2X-%2820%2F100%29%281.2X%29=1.2X-0.24X=0.96X\"
\n" ); document.write( "So the difference from start to finish is,
\n" ); document.write( "\"X-0.96X=0.04X\" or 4% reduction.\r
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