The price of a certain brand of shirts has risen by 20% in one year bu – McqOptions

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1.	The price of a certain brand of shirts has risen by 20% in one year but during the New Year season, a discount of 5% is offered. What is the effective increase?
A.	15%
B.	14%
C.	16%
D.	12%
Answer» C. 16%

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