Question

the price of an article is reduced by 20% find the original price of the article if the reduced price is rs 4000
ans 20000​

Answer 1

Answer:

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Answer 2

Answer:

Let us consider the cost price of tricycle be = Rs x

Selling price of the tricycle be = Rs x

Given, Gain% = 16% of 100 = 16/100

Selling price of tricycle = x + x×16/100

= (100x+16x)/100

= 116x/100

= 29x/25

Given, if selling price is Rs 100 more

New Selling price = 29x/25 + 100

Then, Gain% = 20%

By using the formula

Gain % = (gain/cost price) × 100 [by using Gain = SP – CP]

20 = [((29x/25)+100) – x] / x × 100

20x/100 = (29x + 2500 – 25x)/25

x/5 = (29x + 2500 – 25x)/25

5x = 4x + 2500

x = 2500

∴ Cost price of tricycle is Rs 2500