Question

The price of a dress was INR 500 . In December 2006 the price was increase by 10% . during October 2007 it was reduced by 10% . what is the new price of the shirt?

Answer 1

Cost$=$INR $500$

New price$=500+10\%$ of $550$

$=$INR $550$

Now $10\%$ decrease

New price$=550-10\%$ of $550$

$=550-55$

$=$INR $495$.