Question 77

The price of an article is cut by 36%, to restore to its original value, the new price must be increased by

Solution

Let the original price of the article = Rs. $$100$$

If the price is cut by 36%, => New price = $$\frac{100 - 36}{100} \times 100 = Rs. 64$$

To restore to its original value the new price must be increased by = $$\frac{100 - 64}{64} \times 100$$

= $$\frac{225}{4} = 56.25\%$$

=> Ans - (A)

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