Question

If the present price of diesel is ₹ 50, then what is the new price in ₹ when: i) there is an increase of 20% on the original price? ii) there is a decrease of 10% on the original price?

A

60, 45

B

75, 80

C

45, 60

D

80,75

Solution

The correct option is A 60, 45  i) When there is an increase of 20% in the price, the increase in price is: = 20100×50=10 Therefore, the new price of diesel is: ₹ (50 + 10) = ₹ 60 ii) When there is a decrease of 10% in the price, the decrease in price is: = 10100×50=5 Therefore, the new price of diesel is: ₹ (50 - 5) = ₹ 45

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