Question

An item that originally cost $100 is decreased by 8%. The reduced price is then increased by 8%.
The resulting price is_
between $92 and $100
$92
$100
more than $100

Answer 1

Answer:

$99.36

Step-by-step explanation:

Hii!

So first, you need to find 8% of $100. You can do that by 100 x 0.08 which is $8. This means that the cost is reduced by $8 so 100 - 8 = $92

The reduced price is $92.

Then if we increase the reduced price by 8%, we will find the resulting price. Agani we find 8% of $92 which is 0.08 x 92 = 7.36. This means we have to increase the cost of $92 by this amount. $92 + 7.36 = $99.36

Hope this helps :)