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IKMC 2027 - Grades 7-8 - Self-study SET 9 - Thematic Batch 3 Question 12

IKMC · IKMC 2027 - Grades 7-8 - Self-study SET 9 - Thematic Batch 3

Question 12

Electricity prices rise by 12%, then by 10% the next month, and then fall by 22%. What is the ratio of the latest price to the original price?

Question illustration
  1. Less than 0.9
  2. Between 0.9 and 1
  3. 1
  4. Between 1 and 1.1
  5. Greater than 1.1