A price of an object is increased by 50% and decreased by 50% state whether after these changes are done and sold is it profit or loss?
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Let the price be x. First, let's raise x by 50%, x × 1 5 0 p e r c e n t = x × 2 3 = 2 3 x then let's reduce it by 50%, 2 3 x × 5 0 p e r c e n t = 2 3 x × 2 1 = 4 3 x Since 4 3 x < x , the answer is loss by 1/4 or 25%. I actually wanted to write % in the LaTeX, but i'm still quite new to it, it won't show up, so i wrote percent instead of %
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Let the price be 100 then
price after increasing=100+(50/100)X100=100+50=150
then decrease 50%=150-(50/100)X150=150-75=75
Thus there is loss