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The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:
  • a)
    Rs. 60
  • b)
    Rs. 75
  • c)
    Rs. 76
  • d)
    Rs. 72
Correct answer is option 'D'. Can you explain this answer?
Most Upvoted Answer
The cost of an article was Rs.75. The cost was first increased by 20% ...
Initial Cost = Rs. 75 
After 20% increase in the cost, it becomes, 
(75 + 20% of 75) = Rs. 90 
Now, Cost is decreased by 20%, 
So cost will become, (90 - 20% of 90) = Rs. 72 
So, present cost is Rs. 72
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Community Answer
The cost of an article was Rs.75. The cost was first increased by 20% ...
Given:
The cost of the article = Rs. 75
The cost is increased by 20% and then reduced by 20%.

To find:
The present cost of the article.

Solution:
Let's solve this problem step by step.

Step 1: Increase the cost by 20%:
To increase the cost of the article by 20%, we can use the following formula:
Increased cost = original cost + (original cost * increase percentage)

In this case,
Original cost = Rs. 75
Increase percentage = 20%

Using the formula, we can calculate the increased cost:
Increased cost = 75 + (75 * 20/100)
= 75 + 15
= Rs. 90

Step 2: Reduce the cost by 20%:
To reduce the cost of the article by 20%, we can use the following formula:
Reduced cost = original cost - (original cost * reduction percentage)

In this case,
Original cost = Rs. 90
Reduction percentage = 20%

Using the formula, we can calculate the reduced cost:
Reduced cost = 90 - (90 * 20/100)
= 90 - 18
= Rs. 72

Therefore, the present cost of the article is Rs. 72.

Answer:
The present cost of the article is Rs. 72.
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The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:a)Rs. 60b)Rs. 75c)Rs. 76d)Rs. 72Correct answer is option 'D'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:a)Rs. 60b)Rs. 75c)Rs. 76d)Rs. 72Correct answer is option 'D'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:a)Rs. 60b)Rs. 75c)Rs. 76d)Rs. 72Correct answer is option 'D'. Can you explain this answer?.
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