Price of a house came down by 10% during recession. After one year, the price increased by 15%. What was the effective percentage change over the original price?

Price of a house came down by 10% during recession. After one year, th

1.	Price of a house came down by 10% during recession. After one year, the price increased by 15%. What was the effective percentage change over the original price?
A.	5%
B.	8%
C.	3.5%
D.	4.5%
Answer» D. 4.5%

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Price of a house came down by 10% during recession. After one year, the price increased by 15%. What was the effective percentage change over the original price?

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