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The price of a commodity decreases by 5% in the first week and then increases by 8% in the second week. What is the effective percentage increase in the price after the second week?
2.6%
0.8%
1.5%
3%
6%
Practice and solve "The price of a commodity decreases by 5% in the first week and then increases by 8% in the second we..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: 6%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "The price of a commodity decreases by 5% in the first week and then increases by 8% in the second we..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: 6%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.