A shop increases the price of a coat by 20%. In a later sale, it reduces the new price by 20%. A customer says:
"The price is now back to what it started at, because a 20% increase and a 20% decrease cancel each other out."
(a)Using a starting price of 50 pounds, show that the customer is wrong and explain why.(3)
(Total for Question 16 is 3 marks)