The price of a shirt is increased by 15% and then reduced by 15%. The final price of the shirt : Options: A . &nbspdoes not change B . &nbspinreeases by 2.25% C . &nbspdecreases by 2.25 % D . &nbspNone of these

The price of a shirt i

Question

The price of a shirt is increased by 15% and then reduced by 15%. The final price of the shirt :

Options:

A . does not change

B . inreeases by 2.25%

C . decreases by 2.25 %

D . None of these

Answer: Option C

Let the original price be Rs. 100

New final price = 85% of (115% of 100) = Rs.`(85/100 xx 115/100 xx 100)` = Rs. 97.75

`:.` Decrease = (100 - 97.75)% = 2.25%

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