The price of a book was P before any changes. It was increased twice b
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07 Dec 2024, 09:45
The price of a book was P before any changes.
We know that the book got two successive increases of $x%$ each, so the net percentage change in the price of the book was $(x+x+x×x100)%=(2x+x2%)%$
(When there are two successive changes i.e. $a%$ & b%the net percentage change in their product is of $(a+b+ab100)%$ )
So, the final price of the book after two successive increases of $x%$ each will be $P+(2x+x2%)%×P=P(1+(2x+x2%)%)=P(1+x%)2$
Hence options (B) \& (D) are correct.