Question 721100
A company reduced the price of an article by 5%.by what per cent a retailer must increase the new price so as to sell the article at the old price ? 
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Let original price be "x":
After reduction: 0.95x
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Solve:
k(0.95x) = x
0.95k = 1
k = 1/0.95 = 1.0526
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Ans: Increase price by 5.26%
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Cheers,
Stan H.
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