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The price of an article is cut by 10%. To restore it to the original value, the new price must be increased by -

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Question

The price of an article is cut by 10%. To restore it to the original value, the new price must be increased by

Options

  • 10%

  • `9 1/11%`

  • 11%

  • `11 1/9%`

MCQ

Solution

`11 1/9%`

Explanation:

Let the article of 100 be cut to 90 by 10%
Then to restore to 100

percentage `=10/90xx100=11 1/9%`

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Percentage, Discount and Partnership (Entrance Exam)
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