alleryA price rises 10% and then falls 10%. How does the final price compare?
A1% lower than the start
BSame as the start
C10% lower than the start
D1% higher than the start
Answer & Solution
Correct answer: A. 1% lower than the start
The factor is 1.1 times 0.9, which is 0.99, so the price ends 1 percent lower.
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