Minute Mystery: The Restaurant Rates

Bite-sized brain teaser to solve in a minute or less.

 

 

The Restaurant Rates

Category: Percentages

A restaurant increases prices by 20%.

A month later, it decreases prices by 20%.

Are prices back to where they started?

A) Yes
B) No

 

 

Solution

Assume an item on the menu was originally listed at $10.

+20% → $12

-20% → $9.60

Answer: B) No

 

 

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