huda wrote:
huda wrote:
At the beginning of the year, the price of an item increased by 30%. After the increased, an employee purchased it with a 40% discount. The price the employee paid was what percent below the original price?
Enter your value;
Need an explanation.
Here,
For any percentage problem always compare with
\(100\), for easy calculation
Let the price of the item = $\(100\)
Now, the price is increased by \(30\)%, the price of the item = \(100 * 1.3\)
Again price decreased by \(40\)% , the price of the item = \({100}*{1.3}*{0.6}\)
Final price = \({100}*{1.3}*{0.6} = 78\)
% Change = \(\frac{{100 -78}}{100}* 100 = 22\)%
The price paid by the employee was 22% below the original price
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