The original price of an article was reduced by 25 percent. During a special sale the new price was decreased by 10 percent. By approximately what percent would the price now have to be increased in order to restore the price of the article to its original amount?
Is it 32.5 or 48? I figured it was 48, but PR says its 32.5
Let original price be P
Current price = 9/10 x 3/4 x P = 27/40 P
Percent increase to come to original = [P - 27/40P]/27/40P x 100
which comes to 48%
I think if this is not the answer then I am misunderstanding the question