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  1. The price of an article was decreased by 10% and again reduced by 10%. By what per cent should the price have been reduced once, in order to produce the same effect as these two successive reductions ?
    1. 15%
    2. 19%
    3. 20%
    4. 25%
Correct Option: B

Using Rule 6,
A single equivalent reduction to reduction series of x%, y%

=x + y -
xy
%
100

=10 + 10 -
10 × 10
%
100

= (20 - 1)% = 19%



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