Skip to main content
OlympiadHQ

Browse · harp

Print

smc

prealgebra intermediate

Problem

The price of an article is cut To restore it to its former value, the new price must be increased by:
(A)
(B)
(C)
(D)
Solution
Without loss of generality, let the price of the article be 100. Thus, the new price is . Then, to restore it to the original price, we solve . We find , thus, the percent increase is .
Final answer
C