explain why, if the price of something is increased by 10% and then the new price is reduced by 10%, the final price is less than the origin

Question

explain why, if the price of something is increased by 10% and then the new price is reduced by 10%, the final price is less than the original price.

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Jasmine 2 weeks 2022-01-08T09:24:26+00:00 1 Answer 0 views 0

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    2022-01-08T09:26:17+00:00

    Answer:

    Let’s say something costs 100 pounds. If the cost is increased by 10 percent then it goes to 110 pounds. 10 percent of 110 is 11 so 110-11 is 99 (less than earlier. There you go.

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