a company increases the price of refrigerators by 20% and 6 months later increases the prices again by 20% if the total increase had been made all at once to what percentage would it have been equivalent
Please answer in proper step I don't need direct answers
Please answer in proper step I don't need direct answers
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Answer:
44%
Step-by-step explanation:
Let the original price be 100.
According to the given condition,
Percentage increase = 120% of (120% of rs.100)
= (120/100) * (120/100) * 100
= 14400/100
= 144.
Increase = 44%.
Hope it helps!
Answer:
44%
Step-by-step explanation:
Original Price =100
Accordingly to the Condition =120%
~120/100 × 100
14400/100 = 44