Difficulty: Easy
Correct Answer: ₹ 2100
Explanation:
Introduction / Context:
Successive percentage changes applied to the same base (the item) can be chained multiplicatively. Here, a +10% followed by −10% yields a net factor of 0.99 applied to A’s cost when reaching C’s payment amount.
Given Data / Assumptions:
Concept / Approach:
Equate 0.99x to 2079 and solve for x. This is a straightforward reverse-percentage problem using multiplicative chaining.
Step-by-Step Solution:
Verification / Alternative check:
Forward chain: 2100 * 1.10 = 2310; 2310 * 0.90 = 2079 (matches C’s payment).
Why Other Options Are Wrong:
2160 or 2400 would map through the 0.99 net factor to values different from 2079; 2480 and 2000 are arbitrary here.
Common Pitfalls:
Treating +10% and −10% as canceling to 0%; multiplicative chaining shows the net factor is 0.99, not 1.00.
Final Answer:
₹ 2100
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