Price increase 2x

If we increase the product's price twice by 20%, how much % is higher the final price than the original?

Correct answer:

p =  44 %

Step-by-step explanation:

r1=100%+20%=1+10020=1.2 r=r121=1.221=2511=0.44 p=100 r=100 0.44=44%

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