The price of an article is cut by 24%, to restore to its original value, the new price must he increased by ...............
Let the original price of the article = Rs. $$100$$
If the price is cut by 24%, => New price = $$\frac{100 - 24}{100} \times 100 = Rs. 76$$
To restore to its original value the new price must he increased by = $$\frac{100 - 76}{76} \times 100$$
= $$\frac{2400}{76} \approx 31.58 \%$$
=> Ans - (D)
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