For an amount, explain why, a 20% increase followed by a 20% decrease is less than the original amount.
Let us assume the amount be RS. 100
⇒ x% increase in amount = amount + ![]()
⇒ 20% increase in Rs.100 = ![]()
= 100 + 20
= Rs. 120
⇒ x% decrease in amount = amount -![]()
Now, 20% decrease in Rs.120 = ![]()
= 120-24
= Rs. 96
Hence, decreased price is less than original amount.
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