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The price of an item is increased twice successively. The final price is ₹2,295 and the initial price was ₹1,000. The percentage increment the second ...

SSC SSC CGL Tier 1 Medium Percentages MCQ

Question

The price of an item is increased twice successively. The final price is ₹2,295 and the initial price was ₹1,000. The percentage increment the second time was twice the percentage increment the first time. By what percentage was the price increased the second time?

Options

A.

35%

B.

65%

C.

70%

D.

25%

successive increasepercentageprice incrementcompound percentagessc 2024

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