ICSE Class 8 Answered
The price of a notebook was increased by x percent. To bring the price to the earlier level, it had to be reduced by 50/3 percent. Find out the value of x
Asked by gangadar2598 | 11 Mar, 2019, 08:43: PM
Expert Answer
Let the initial price - Rs.100
increase = x % , hence price after increase = Rs. (100+x) ........................(1)
if (50/3) % has to be reduced after increase, amount to be rduced for Rs.(100+x) = Rs. ...................(2)
If amount in eqn.(2) is subtracted from the amount in eqn.(1) we get the initial price Rs.100
Hence,
Hence 20% was the increase made to initial price
Answered by Thiyagarajan K | 11 Mar, 2019, 10:58: PM
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