Question 79

The price of an article is cut by 42%, to restore to its original value, the new price must he increased by ................

Solution

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

If the price is cut by 42%, => New price = $$\frac{100 - 42}{100} \times 100 = Rs. 58$$

To restore to its original value the new price must be increased by = $$\frac{100 - 58}{58} \times 100$$

= $$\frac{4200}{58} \approx 72.41 \%$$

=> Ans - (B)

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