Question

Bholu conducts his business in the following manner : Every once in while he raises his prices by a certain percentage and a while later reduces his price by the same percentage. After one such updown cycle of increasing and then decreasing his price by x% , the price of the commodity decreases by Rs 100 . In the next cycle, he increases and decreases his price by (x/2)%  and then sells the commodity for Rs 2376. What is the initial price of the commodity ?​

Answer 1

Answer:

hi

your answer is here !

Step-by-step explanation:

Let the initial price be P.

P ( 100 + x) (100-x) / 100 * 100 = P- 100

P*x*x /100 = 100 -(1)

Similarily ,

(P – 100) (400 – x^2) / 400 = 2376 -(2)

Using 1 and 2,

P^2 – 2501 P + 2500 = 0

P= 2500 or 1

Since , P > 2376

P= 2500

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