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The price of an article was first increa...

The price of an article was first increased by 10% and then again by 20%. If the last increased price be 33, the original price was

A

30

B

27.5

C

26.5

D

25

Text Solution

AI Generated Solution

The correct Answer is:
To find the original price of the article after two successive increases of 10% and 20%, we can follow these steps: ### Step 1: Understand the problem We know that the final price after two increases is 33. The first increase is 10%, followed by a second increase of 20%. ### Step 2: Set up the equations Let the original price be \( P \). 1. After a 10% increase, the price becomes: \[ P + 0.10P = 1.10P \] 2. After a further 20% increase on the new price, the price becomes: \[ 1.10P + 0.20(1.10P) = 1.10P \times 1.20 = 1.32P \] ### Step 3: Set the final price equal to 33 We know that the final price after both increases is 33: \[ 1.32P = 33 \] ### Step 4: Solve for the original price \( P \) To find \( P \), we divide both sides by 1.32: \[ P = \frac{33}{1.32} \] ### Step 5: Calculate \( P \) Now, we perform the division: \[ P = \frac{33}{1.32} = 25 \] ### Conclusion The original price of the article was \( 25 \). ---
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