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Numerical Ability
Profit and Loss
A shopkeeper increases the price of an article by X% and then decreases it by X%. As a result the price of the article is reduced by $180. After one more such change the price is further reduced by $153 Find the original price of the article.
A. $1200
B. $1100
C. $1400
D. $1000
E. $1500
Read Solution (Total 1)
-
- Let the original price be P
New price P1 = P (1+x/100)(1-x/100)
Given p-p1= 180 -------eq a
Similarly,
p2 = p1(1+x/100)(1-x/100)
and p1-p2= 153----------eq b
From eq a and b we get,
p1= (17/20)*p
Replace this in eq a
p-p1 = 180
p - (17*p)/20 = 180
p= 1200 - 6 years agoHelpfull: Yes(0) No(0)
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