Question

The price of a bicycle is reduced by 20%, if the reduced price is ₹40,000. Find the original price ?

Answer 1

Reduced cost = (Total price × reduced%)/100

= (40000×22)/100

= 8800

Its cost is

40000- 8800

= 31200

Hope it helps. Mark it brainliest.

Answer 2

Answer:

$\boxed{\boxed{\bf{\green{Rs\:50,000}}}}$

Step-by-step explanation:

Let the original price of the bicycle be x .

The price of the bicycle was reduced by 20 % .

When it is reduced we need to subtract the value of 20% of x from the original price .

So the reduced price is x - 20% of x .

Percentage generally means to divide by 100 .

Hence the reduced price can also be written as :

x - 20/100 × x .

In the question it is given reduced price is Rs 40,000 .

So we can write and equate the equations :

( x - 20 x/100 ) = 40,000

⇒ ( 100 x - 20 x )/100 = 40,000

⇒ 80 x / 100 = 40,000

⇒ x/100 = 500

⇒ x = 50,000

Hence the original price was Rs 50,000 .