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؟

$40

$50

$45

$55

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

𝑃= 60/ 1.20 = 50

So, the original price was $50.