If the price of an article went up by 20%, then by what per cent should it be brought down to bring it back to its original price?
Q1. If the price of an article went up by 20%, then by what per cent should it be brought down to bring it back to its original price?
Answer: 16.67%
Explanation: If price rises by 20% to 1.2x, the reduction needed to return to x is 0.2/1.2 × 100 = 16.67%.