Mathematics · Percentages
Statement-1 (Assertion): If the price of an article is increased by 20% and then decreased by 20%, the net change in price is 0%. Statement-2 (Reason): Successive percentage increase and decrease of the same value cancel each other out. Which option is correct?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Statement-1 is false, Statement-2 is true✓
- 2Statement-1 is true, Statement-2 is false
- 3Statement-1 is true, Statement-2 is true; Statement-2 is not a correct explanation of Statement-1
- 4Statement-1 is true, Statement-2 is true; Statement-2 is a correct explanation of Statement-1
Correct answer
Statement-1 is false, Statement-2 is true
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