Price of notebook was increased by x% To bring price to earlier level it had reduce by 50/3% Find value of x
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Step-by-step explanation:
Given:
- Price of notebook was increased by x%
- Then price is reduced by 50/3% to bring back to earlier level.
To Find:
- What is value of x%
Solution: Let the original price of notebook was Rs 100.
- After increasing price by x% price will be (100 + x)%.......(1)
- After decreasing price by 50/3% price will be (100 + x/100) x (50/3) ......(2)
★ If we subtract equation 2 from equation 1 we will get the initial price of notebook ★
(100 + x) – (100 + x/100) x (50/3) = 100
(100 + x) [ 1 – 50/300 ] = 100
(100 + x) [ 300 – 50/300 ] = 100
(100 + x) [ 250/300 ] = 100
(100 + x) = 100 x 300/250
(100 + x) = 30000/250
(100 + x) = 120
x = 120 – 100
x = 20
Hence, The value of x = 20 or 20% Increase was made to the initial price.
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