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Question

The price of an article was increased by P%. Later the new price was decreased by P%. If the latest price was RS1, then the original price was?

A
Rs.5
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B
Rs1p2100
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C
Rs10,00010,000p2
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D
Rs1p2100
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Solution

The correct option is D Rs10,00010,000p2
Consider the problem

Let the original price =Rsx

Price after p% increase =(100+p)% of x

=(100+p)x100

New price after p% decrease

=(100p)%of[(100+p)x100]
=(100p)100×(100+p)100×x=(100p)(100+p)100×100×x=1

Or
x=100×100(100p)(100+p)=1000010000p2

Hence, Option C is the correct answer.

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