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IPMAT Indore 2024

Arithmetic

>

Profit & Loss

Easy

The price of a chocolate is increased by x% and then reduced by x%. The new price is 96.76% of the original price. Then x is:

Entered answer:

✅ Correct Answer: 18

Alternate Method:

New price

=96.76 \%

of original price

Net decrease

=100 \%-96.76 \%=3.24 \%

Therefore:

-\mathrm{x}^{2} / 100=-3.24

\begin{aligned} & x^{2} / 100=3.24 \\ & x^{2}=324 \\ & x=18 \end{aligned}

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