The price of fuel decreases successively by 10%, 20% and 15% in three consecutive months. In the fourth month the price increases by 40%. Find the total percentage decrease in the price of fuel at the end of the fourth month compared with the original price.

Subject: Mathematics | Topic: Arithmetic | Difficulty: MEDIUM

Options

1. (A) 15.33%
2. (B) 14.32%
3. (C) 12.65%
4. (D) 13.42%

Verified Answer

Option (B): 14.32%

Practice complete mock tests for SSC, Banking & Railway exams at https://testx.in/questions/01a0bf74-c6de-703f-a0ab-29f22847053b/the-price-of-fuel-decreases-successively