A trader buys oil at ₹500 per barrel. He first increases the price by 20% and later decreases the increased price by 10%. What will be the final price per barrel?

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

  1. (A) ₹560
  2. (B) ₹550
  3. (C) ₹540
  4. (D) ₹500

Verified Answer

Option (C): ₹540


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