If the price of an item is increased by 20% and the new price is $60, what was the original price?

اگر کسی چیز کی قیمت میں 20% اضافہ ہو اور نئی قیمت $60 ہو تو اصل قیمت کیا تھی؟
Answer: $50
Explanation

To find the original price before the 20% increase, follow these steps:


1. Let the original price be  P. The price is increased by 20%, so the new price is 120% of the original price.

New Price=1.20×Original Price


2. Set up the equation using the given new price of $60:

1.20×P=60


3. Solve for 


 𝑃60/ 1.20 50


So, the original price was $50. 

This question appeared in Past Papers (2 times)
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