1.

After a 20% hike, the cost of Chinese Vase is Rs 2000. What was the original price of the object?

Answer»

Let cost price of Chinese Vase before hike be = Rs x

The hike is = 20% of 100 = 20/100

The cost price of Chinese Vase after hike is = Rs 2000

So, let’s calculate for x,

x + x×20/100 = 2000

x + x/5 = 2000

(5x+x)/5 = 2000

6x = 2000×5

x = 10000/6

= 1666.6667

∴ Original price of Chinese Vase is = Rs. 1666.67



Discussion

No Comment Found