Question

The original price of a toy was $400. It was increased by 20%. after some time the sale of toys decreased. So, the shop owner decided to decrease the price by 20%

What is the final price of the toy.

Answer 1

Hey! So, I could be wrong, but I’m pretty sure the price will stay at $400, since the increase was negated by the decrease.

Answer 2

$384

Explanation:

Original price = $ 400

Increased price = 20% of 400

=
`(20)/(100)` * 400

= $ 80

Price after increase = 400 + 80 = $ 480

Decreased price = 20% of 480

=
`(20)/(100)\\` * 480

= $ 96

Price after decreasing 20% = 480 - 96 = $ 384

Final price of the toy = $ 384