Mathematics & Arithmetic
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Active recall with 3D-flip cards, then self-grade.
Arithmetic · MediumQuestion
A price is increased by 20% and then decreased by 20%. What is the net change?
- A. No change
- B. 4% loss
- C. 4% gain
- D. 2% loss
Click card or press Space to flip
ArithmeticAnswer
Correct answer
B. 4% loss
When a price is increased by 20% and then decreased by 20%, the net effect is a 4% loss due to the compounding effect.
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