Question Details

Find a single equivalent increase if the number is successively increased by 20%, 25% and 30%?

Options

A

75%

B

85%

C

95%

D

35%

Show Answer

Correct Answer :

Option C

95%

Solution :

The correct option is 95%.

To find the single equivalent percentage increase for successive increases of 20%, 25%, and 30%, let us assume the initial value of the number is 100.

Step 1: Apply the first increase of 20%
Increase the original value of 100 by 20%:

Value after first increase=100+(20% of 100)=100+20=120

Step 2: Apply the second increase of 25%
Now, increase the updated value of 120 by 25%:

Value after second increase=120+(25% of 120)=120+30=150

Step 3: Apply the third increase of 30%
Finally, increase the value of 150 by 30%:

Value after third increase=150+(30% of 150)=150+45=195

Step 4: Calculate the equivalent single increase
Compare the final value to the initial value to determine the overall increase:

Total Increase=195-100=95

Since the initial number was 100, a total increase of 95 represents a single equivalent increase of 95%.

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