Question

A shopkeeper incurred a loss of 5 percentage on an item sold for Rs 7600.find the original price of an item​

Answer 1

Step-by-step explanation:

95%=7600

as100-5=95

let the original valu be x

95%ofx=7600

95/100x=7600

95x=760000

x=760000÷95

x=8000

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Answer 2

The original price of the item is Rs. 8000

Given : A shopkeeper incurred a loss of 5 percentage on an item sold for Rs 7600.

To find : The original price of the item.

Solution :

We can simply solve this mathematical problem by using the following mathematical process. (our goal is to calculate the original price)

Let, the original price = Rs. x

5% loss on the original price = x × 5% = x × (5/100) = Rs. x/20

Selling price :

= Original price - Loss amount

= x - (x/20)

= (20x - x)/20

= Rs. 19x/20

According to the data mentioned in the question,

19x/20 = 7600

x = 7600 × (20/19)

x = 8000

Original price = Rs. x = Rs. 8000

Hence, the original price of the item is Rs. 8000