If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article

If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article

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If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article

MP × (100 - d)% = SP  = CP + P

(CP + 240) × 4/5 = CP + 96

⇒ CP/5 = 48 × 4 - 96 = 48 × 2

⇒ CP = Rs 480

Given:

The cost price of an article is increased by Rs. 240

Discount(%) given on the marked price of the article = 20%

Profit on selling the article after giving discount = Rs. 96

Formula used:

Selling price = Discount% × (Marked price)

Profit = (Selling price – Cost price)

Calculations:

Let the cost price be Rs. 100x

⇒ Marked price = Rs. (100x + 240)

On 20% discount,

⇒ Selling price = 80% × (100x + 240)

⇒ (80x + 192)

Profit = (Selling price – Cost price)

⇒ 96 = (80x + 192) – (100x)

⇒ 96 = (192 – 20x)

⇒ x = (96/20)

⇒ 100x = 100 × (96/20)

⇒ 480

∴ The cost price of the article is Rs. 480.

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If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article

If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article
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Question 14 Exercise 16(B)

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If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article

Answer:

Solution:

(i) Original price of article = Rs. 1800

Reduction = 30%

Reduction in price = 30% of 1800

=\frac{30}{100}\times1800=Rs.540

(ii) Reduced price of the article = Original price - Reduction = 1800 - 540 = Rs. 1260

Video transcript

hi everyone my name is neetu jacob i am a tutor at lado and welcome you all to lilo lali the question that we have here is in a sale the price of an article is reduced by 30 if the original price of the article is rupees thousand eight hundred find first part the reduction in the price of the article second part reduced price of the article okay you might think that the first and second part is same but we'll see the question more clearly so what is given the there is a sale that is going on and the price of an article is reduced by 30 percent of its original price and what is the original price the original price is given as thousand eight hundred and what you need to find out in the first part reduction in the price that is how much price is to be reduced that is reduction in the price or you have to find the 30 percent of 30 percent of the original price okay that is a reduction and second part you need to find the reduced price how will you find the reduced price subtract the discount or 30 of 1800 from the original price so you'll get the reduced price okay so once we start doing it you'll get it more clearly so we'll write the given values that is the first one is the original price of the article so what is the original price of the article it is rupees 1800 right and what about the reduction the reduction that is given is 30 okay so first part reduction in price is what thirty percent of rupees thousand eight hundred or we can say it is thirty by 100 into 1800 okay so zeros gets cancelled and we need to find 18 into 3 and 18 into 3 is what 54 so you'll get it as 5 40 that is a reduction in the price all right now second part we need to find out is the reduced price what will be the price after the reduction is given reduced price will be what rupees thousand eight hundred that is the original price minus rupees 5 40 that is a reduction so what how will you find it out subtract it and see 1800 minus 540 so this becomes 0 this becomes 10 8 becomes 7 so 1 2 6 0. so what is the answer the reduced price is 1200 and sixty all right so that is the solution for this question and i hope you understood how to do this question if you have any doubt regarding this please comment below and subscribe to this channel for getting regular updates thank you so much for watching this video will meet next time with a new one till then stay tuned take care and bye

If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article
If the decrease in the price of an article is 14 that is ₹ 280 what is the old price of the article