The price amount if the prices were not reduced, will be ₹3978.72
Given data :
Reduced percentage of the initial price = 6.5%
The total amount of recieved money = ₹3740
Let,the price amount if the prices were not reduced = ₹ x (assume, x = variable to calculate the initial price before the price reduction)
• Now,we have to calculate the reduced price by subtracting the reduced amount from the initial price.
So, reduced price = {x-(x×6/100)}= (x-3x/50) = ₹ 47x/50
• Now,by comparing the reduced price which is given in the question with the reduced price calculated by us ,we get the following equation:
47x/50=3740
x = 3740×50/47 = 3978.72
The initial price before the price reduction is ₹3978.72 (answer)
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Answers & Comments
The price amount if the prices were not reduced, will be ₹3978.72
Given data :
Reduced percentage of the initial price = 6.5%
The total amount of recieved money = ₹3740
Let,the price amount if the prices were not reduced = ₹ x (assume, x = variable to calculate the initial price before the price reduction)
• Now,we have to calculate the reduced price by subtracting the reduced amount from the initial price.
So, reduced price = {x-(x×6/100)}= (x-3x/50) = ₹ 47x/50
• Now,by comparing the reduced price which is given in the question with the reduced price calculated by us ,we get the following equation:
47x/50=3740
x = 3740×50/47 = 3978.72
The initial price before the price reduction is ₹3978.72 (answer)