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The price of an article is cut by 10%. To restore it to the former value. The new price must be increased by?

10%
91/11
111/9
11%

Correct Answer: 111/9

Explanation:

Let original price = Rs. 100.
Then, new price = Rs. 90.
∴ Increased on Rs. 90 = Rs. 10
Required increase % = (10 x 100) / 90 % = 11¹/₉%

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