The price of a dress was INR 500 . In December 2006 the price was increase by 10% . during October 2007 it was reduced by 10% . what is the new price of the shirt?
Cost=INR 500
New price=500+10% of 550
=INR 550
Now 10% decrease
New price=550−10% of 550
=550−55
=INR 495.