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Mathematical Puzzles Hard 2 min

A price is increased by 20% and then decreased by 20%. What is the overall percentage change?

Hint
Use an original price of 100.

Answer

A decrease of 4%.

Explanation

Starting with 100, a 20% increase gives 120. Reducing 120 by 20% gives 96. The final price is 4% below the original.

Step-by-Step Solution

100 → 120 after +20%.
120 → 96 after -20%.
Change = -4%.
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