The price of rice in the year 1995 has increased by 10% forms that of the previous year . In 1996 the price has decreased by 5% . In 1996, what was the increase in price with respect to that of 1994 ?

4.5%

5%

5.5%

None of these


Description (বিবরণ) :

প্রশ্ন: The price of rice in the year 1995 has increased by 10% forms that of the previous year . In 1996 the price has decreased by 5% . In 1996, what was the increase in price with respect to that of 1994 ?

ব্যাখ্যা: Let,
The price of rice in the year 1994 = Tk. 100
So, the price of rice in the year 1995 = 100 + 10 = Tk. 110
The price of rice in the year 1996 = 110 - 5.5 = 104.5
The increase in price = 104.5 - 100 = 4.5%


Related Question

The price of rice is______

raising

risen

raised

rising

The price of rice is increasing ______.

by fits and starts

by dint of

by virtue of

by leaps and bounds

The price of daily necessaries increases by ---

the by

leaps and bounds

hook or by crook

fits and starts

If the price of an item is increased by 10% and then decreased by 10%, the net effect on the price of the item is --

no change

an increase of 1%

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a decrease of 11%

a decrease of 1%