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      Question

      The price of a product is increased by Rs. 600. If the old

      price was 40% less than the new price, then the old price was:
      A Rs.550 Correct Answer Incorrect Answer
      B Rs.700 Correct Answer Incorrect Answer
      C Rs.900 Correct Answer Incorrect Answer
      D Rs.200 Correct Answer Incorrect Answer

      Solution

      ATQ,

      Let the new price of the product be Rs. '100x'

      So, old price of the product = 100x Γ— 0.6 = Rs. '60x'

      So, 100x - 60x = 600

      So, 40x = 600

      So, x = 15

      So, old price of the product = 15 Γ— 60 = Rs. 900

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