top button
Flag Notify
    Connect to us
      Site Registration

Site Registration

If price of wheat has increased by 60%. In order to restore to the original price, the new price must be reduced by ??

+1 vote
367 views

If price of wheat has increased by 60%. In order to restore to the original price, the new price must be reduced by ?? (answer in percentage)

posted Aug 17, 2015 by Upma

Share this puzzle
Facebook Share Button Twitter Share Button LinkedIn Share Button

2 Answers

+1 vote
 
Best answer

Assume a was the original price
so new price is 1.6 a

Now assume reduction is by a factor of x then
1.6a(1-x) = a
1.6 - 1 = 1.6x
x=.6/1.6 or .375
or
x=37.5 %

So reduction should be 37.5 %

answer Aug 17, 2015 by Salil Agrawal
+1 vote

100/160 = 0.625
Reduction is 1 - 0.625 = 37.5%

answer Aug 17, 2015 by Jcm



Similar Puzzles
+1 vote

If the price of a dress is cut by 25 to make a sell then what percentage of the sale price must be increased to sell the dress at original price?

+1 vote

A brand new Beats Headphone was on sale at 20% as a promotional offer. By what percent must the headphone price be increased to sell it at the original price again ?

0 votes

The price of a product was reduced by 35% last year.
During this year by what percentage should it be increased to bring it back to the original price of the last year?

+1 vote

If the price off a dress was cut by 20% for a sale, by what percentage off the sale price must it be increased by to resell it at the original price?

Puzzle Image

...