The price of an article increases by 10%, and then again by 10%. What is the net percentage increase? MCQ with Answer and Explanation

The price of an article increases by 10%, and then again by 10%. What is the net percentage increase?
A. 25%
B. 22%
C. 20%
D. 21%
Answer: Option D
Solution (By JKSSB Mock Tests)
Successive percentage formula: a + b + (ab / 100). 10 + 10 + (10 * 10 / 100) = 20 + 1 = 21%.

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Practice More Percentage Questions

Question #1
If a number increased by 25% is 150, what is the original number?
A. 100
B. 110
C. 120
D. 130

Correct Answer: Option C


Explanation:
Let the number be x. x * 1.25 = 150. x = 150 / 1.25 = 120.

This question belongs to: Maths Percentage
Question #2
Salary increased by 20% then decreased by 20%. Net effect:
A. 4% decrease
B. 2% decrease
C. No change
D. 4% increase

Correct Answer: Option A


Explanation:
1.2 × 0.8 = 0.96, 4% decrease.

This question belongs to: Maths Percentage
Question #3
A number is increased by 50% and then decreased by 50%. The net change is:
A. 50% decrease
B. 25% increase
C. 25% decrease
D. No change

Correct Answer: Option C


Explanation:
1.5 × 0.5 = 0.75, 25% decrease.

This question belongs to: Maths Percentage