By Ajay Kumar

Verified by Ajay Kumar

The price of a shirt is increased by 20% and then again increased by 10%. What is the net percentage increase in price?

  1. 30%

  2. 32%

  3. 31%

  4. 33%

Answer: B

Solution

Let the original price be ₹100. After a 20% increase, the price becomes ₹120. After another 10% increase, it becomes \(120\times1.10=132\)₹. The net increase is ₹32 on ₹100, so the net percentage increase is 32%. Trick: Successive increase \(=a+b+\frac{ab}{100}=20+10+\frac{20\times10}{100}=32\%\).

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