Question

in a clearance sale shoe company increases the prices by 16% if the increase price of the shoes be rs 277.20 find original price.​

Answer 1

Let x be the original price,

So, Price after 16%increase will be,

$x + (x \times \frac{16}{100}) \\=x + x(.16)\\ = x(1 + .16) = 1.16x$

& increased price is 277.60

$(1.16)x = 277.20 \\ or \: \: x = \frac{277.20}{1.16} = 238.9655$

Answer 2

let original price be ₹100 as it is increased by 16% , now increased price became ₹116 which is equal to 277.20. Then ₹277.20÷₹116 = 2.38 ,then our original price will be 2.38×100 which is equal to ₹238