wiz-icon
MyQuestionIcon
MyQuestionIcon
1
You visited us 1 times! Enjoying our articles? Unlock Full Access!
Question

The price of an article increased successively over three consecutive weeks. It increased by 10% in the first week, 20% in the second week and 25% in the third week. Find the effective percentage increase in its price after three weeks.

Open in App
Solution

Prince after first week =x+10% of x=1.1x
Original Price =x
Price after 2 weeks =1.1x+20% of 1.1x=1.32x
Price after 3 weeks =1.32x+30% of 1.32x=1.716x
So, Total Percentage increase =(1.716+xx)×100=71.6%

flag
Suggest Corrections
thumbs-up
0
Join BYJU'S Learning Program
similar_icon
Related Videos
thumbnail
lock
Application of Compound Interest
MATHEMATICS
Watch in App
Join BYJU'S Learning Program
CrossIcon