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An inflationary increase of 20 percent on an order of raw

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Director
Joined: 14 Dec 2017
Posts: 519
Location: India
An inflationary increase of 20 percent on an order of raw  [#permalink]

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02 Jul 2018, 11:40
00:00

Difficulty:

45% (medium)

Question Stats:

60% (01:19) correct 40% (01:04) wrong based on 26 sessions

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An inflationary increase of 20 percent on an order of raw materials followed by an inflationary increase of 10 percent amounts to

A) the same as one 22 percent inflationary increase

B) the same as one 30 percent inflationary increase

C) the same as an inflationary increase of 10 percent followed by an inflationary increase of 20 percent

D) less than an inflationary increase of 10 percent followed by an inflationary increase of 20 percent

E) more than an inflationary increase of 10 percent followed by an inflationary increase of 20 percent

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Manager
Joined: 14 Jun 2018
Posts: 213
Re: An inflationary increase of 20 percent on an order of raw  [#permalink]

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02 Jul 2018, 11:58
1
Option C
x*1.2*1.1 = x*1.1*1.2
Re: An inflationary increase of 20 percent on an order of raw &nbs [#permalink] 02 Jul 2018, 11:58
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