Question
A bike's price is initially raised by 20% and
subsequently reduced by 30%. As a result, the final price of the bike is Rs. 5184 lower than its original price. What was the initial price of the bike?Solution
Let the initial price of bike be Rs. ‘100x’ Final price of the bike = 100x × 1.2 × 0.70 = Rs. 84x According to question; 100x – 84x = 5184 Or, x = 324 Initial price of bike = Rs. 32400
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