The price of an item decreased by 20% to 200.Thenlaterthepricedecreasedagainfrom200 to 150.Whatisthepercentofdecreasefromtheoriginalpricetothefinalpriceof150?
A
40 %
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B
30 %
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C
20 %
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D
50 %
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Solution
The correct option is C40 % Let original price of item be $x.
First the price of an item decreased by 20% to $200
∴x−20%ofx=200
⇒x−0.2x=200
⇒0.8x=200
⇒x=2000.8
∴x=$250
Now, The percentage decrease from the original price $250 to $150 is given by