A store increases the price of a jacket from ₹1,200 to ₹1,440, then gives a discount such that the price decreases to ₹1,296. Find the overall percentage change from the original price to the final price.
8% increase
Overall percentage change compares only the original price and the final price, so the intermediate ₹1,440 is used only to describe the sequence of changes.
Change in price = Final − Original = 1296 − 1200 = ₹96. Since the final price is greater than the original price, this is an increase.
Percentage change = (96/1200) × 100 = 8%. Thus the net effect is an 8% increase. Hence, the correct answer is 8% increase.
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