The price of a certain house went down 40 percent. By what percent does the new price have to be...

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Source: Manhattan Prep

The price of a certain house went down 40 percent. By what percent does the new price have to be increased in order to bring it back up to the original price?

A. \(20\%\)

B. \(33\frac{1}{3}\%\)

C. \(40\%\)

D. \(60\%\)

E. \(66\frac{2}{3}\%\)

The OA is E
Source: — Problem Solving |