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Percentage Change and Reverse Percentage

Percentage Change and Reverse Percentage

TGM Original Questions

A store manager first increased the price of their products by \(60\%\), then lowered the price by \(20\%\). A customer bought a specific product at \(\$160\) as a current price.

  1. Find the original price of the product.
  2. Find the overall percentage change in the price of this product compared to its original price.

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Answer:(i) \(125\) dollars (ii) \(28\%\) increase

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