give solution

Question

The price of petrol was 65.The price was first increased by 4% and then reduced by 5% .What is the price of petrol.

Answer 1

If we increase the price by 4%, the new price is 104% of the old. A decrease of 5% of that means the third price is 95% of the 104%.

 

65(1.04)(0.95) = your answer