The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is:	Choose the correct answer.
A) Rs. 72
B) Rs. 60
C) Rs. 75
D) Rs. 76
E) None
Solution: Initial Cost = Rs. 75   After 20% increase in the cost, it becomes,   (75+ 20% of 75) = Rs. 90   Now, Cost is decreased by 20%, So cost will become,   (90 - 20% of 90) = Rs. 72.   So, present cost is Rs. 72.   Mind Calculation Method: 75-----20%↑--→90-----20%↓-----→72.   Rs. 72nswer: Option Rs. 72
<result>A</result>
The cost of an article was Rs.75. The cost was first increased by 20% and later on it was reduced by 20%. The present cost of the article is: