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Question

If the price of rice is increased by 20% today, at what percent should it be decreased tommorow, so as to bring down the price back to the original

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Solution

Let the initial price of rice = Rs x
Now, it got increased by 20% today
New price =(x+20% of x+20x100=x+x5=6x5H)
Now, final price tomato = Rs x (same as original)
Amount decreased =(6x5x)
Percentage decrease =Amount decreased(Amount on which it is decreased)
=/x/5×/56/x100=1006=503%decrease


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