DIM Bakalavr Group II Practice Questions - DIM Bakalavr Group II Economics Entrance Examination (Azerbaijan) Exam

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A store increases the price of an item by 20%, and then later discounts the new price by 20%. How does the final price compare to the original price?

It is 4% lower than the original price It is equal to the original price It is 4% higher than the original price It is 2% lower than the original price

Correct Answer:

It is 4% lower than the original price

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