The price of apple in the year 2010 has increased by 15% from that of the previous year. In 2011 the price has decreased by 10%. In 2011, what was the increase in price with respect to that of 2009?

The price of apple in the year 2010 has increased by 15% from that of the previous year. In 2011 the price has decreased by 10%. In 2011, what was the increase in price with respect to that of 2009?

A 3.5%

B 4.5%

C 5.5%

D 6.5%

Solution

Correct Answer: Option A