The price of an article is first increased by 20% and later

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M: +1.00/-0.25

The price of an article is first increased by 20% and later on decreased by 25% due to reduction in sales. Find the net percentage change in final price of article.

[SBI Clerk 27 may2016]

A 20%

B 18%

C 38%

D 10%

E None of these