Question

The price of a dress was $Rs.500$. In December $2006$ the price was increased by $10\%$. During October $2007$ it was reduced by $10$. What is the new price of the shirt?

Answer 1

Price of a dress $=Rs.500$

The price of a dress when it is increased by $10$% $=500\times \frac{110}{100}=Rs.550$

The price of a dress when it is reduced by $10$% $=550\times \frac{90}{100}=Rs.495$

$\therefore$ New price of the shirt $=Rs.495$ (Ans)