Join 60,000+ competitive exam aspirants
The price of a laptop was increased by 20% and then decreased by 30%. If the final price is ₹16,800, what was the original price (in ₹)?
A) 20000
B) 25000
C) 22000
D) 18000
20000
Given: Initial price changes: Increased by 20%, then decreased by 30%. Final price = ₹16,800.
Initial price changes: Increased by 20%, then decreased by 30%. Final price = ₹16,800.
Final Price=Original Price×(1+100x)×(1−100y)
Use effective percentage or ratios: +20%=56 and −30%=107. Overall factor = 56×107=5042=2521. So, 21 units=16800⟹1 unit=800. Thus, 25 units=25×800=20000.
Adding percentages directly (+20%−30%=−10%) instead of applying successive multiplicative changes, leading to an incorrect original price calculation of 16800/0.9=18666.67.
Define the Variable and Percentage Multipliers
Let the original price of the laptop be P. An increase of 20% increases the value to 100%+20%=120% of P, and a subsequent decrease of 30% reduces the intermediate price to 100%−30%=70%.
Multiplier1=1+10020=1.2,Multiplier2=1−10030=0.7
Set Up the Successive Price Equation
Multiply the original price by both successive factors to equal the final price of ₹16,800.
P×1.2×0.7=16800
Calculate the Combined Multiplier
Multiply the two percentage factors to find the overall fraction of the original price remaining.
1.2×0.7=0.84⟹0.84P=16800
Solve for the Original Price
Divide the final price by 0.84 to determine P.
P=0.8416800=8416800×100=20000
A is correct because the successive multiplier of 1.20×0.70=0.84 gives an original price of ₹16,800/0.84=₹20,000.
Successive percentage changes follow the net effect formula x+y+100xy%. Here, +20−30+100(20)(−30)=−10−6=−16%, which means the final price is 84% of the original.