Percentages · Question 21 · Medium

Percentages question 21

A price is increased by 10% and then the new price is increased by a further 20%. What single percentage increase is equivalent to these two?

  1. 32%
  2. 30%
  3. 31%
  4. 33%
Answer and explanation

Answer: A. 32%

Explanation: Multiplier = 1.10 × 1.20 = 1.32, which is a single increase of 32%.

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