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IPMAT Indore 2024 - QA (SA) Q8 Explanation

Author : Akash Kumar Singh

November 22, 2024

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Explanation:

(18) Let the original price of chocolates be P.

Final price = Original Price x MF1 x MF2

Here, MF is multiplying factor and it is equals to (1 + % change) in case of increase & equals (1 - % change) in case of decrease.

∴ Final price = Original price x (1 + x%) x (1 - x%)

= 96.76%P=P [1−(x%)2]

= 96.76% P = P – P (x%)^2

= 96.76% P = 100% P – (x%)^2 P

= 96.76 = 100 – x^2%

= x^2% = 3.24

= x^2 = 324

= x = 18 Ans.