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Question : The price of a certain item is increased by 4%. If the price of the item after the increase is INR 832, then what was the original price of the item?

Option 1: INR 800

Option 2: INR 812

Option 3: INR 900

Option 4: INR 940


Team Careers360 24th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: INR 800


Solution : Let the original price of the article be 100$x$.
After increment of 4% = 104$x$
After the increment, the price = INR 832
$\therefore$ Increased percentage = increased price
⇒ 104$x$ = 832
⇒ $x$ = $\frac{83200}{104}=8$
⇒ Original price = 100$x$ = INR 800
Hence, the correct answer is INR 800.

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