Price increased 12% then decreased 12%. Net change: MCQ with Answer and Explanation

Price increased 12% then decreased 12%. Net change:
A. 2.4% decrease
B. No change
C. 1.44% decrease
D. 1.44% increase
Answer: Option C
Solution (By JKSSB Mock Tests)
1.12×0.88 = 0.9856, 1.44% decrease.

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Practice More Percentage Questions

Question #1
If 18% of x is 90, then x = ?
A. 400
B. 550
C. 450
D. 500

Correct Answer: Option D


Explanation:
0.18x = 90 → x = 500.

This question belongs to: Maths Percentage
Question #2
15% of a number is 45. 50% of that number is:
A. 150
B. 120
C. 130
D. 140

Correct Answer: Option A


Explanation:
Number = 45/0.15 = 300; 50% of 300 = 150.

This question belongs to: Maths Percentage
Question #3
In an election, the losing candidate secured 40% of the votes and lost by 1200 votes. What was the total number of votes?
A. 5000
B. 6000
C. 7000
D. 4000

Correct Answer: Option B


Explanation:
Loser = 40%, Winner = 60%. Difference = 20%. 20% of Total = 1200. Total = 1200 * (100 / 20) = 6000.

This question belongs to: Maths Percentage