The price of tractor is lowered by $20 %$ to $R s . 40000$ . What was the original price? Also find the reduction in price?

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Solution

Let the original price be $x$ .

$80 % \times x = R s .40000$

$⟹ x = R s .50000$

Reduction in price $= R s . (50000 - 40000) = R s .10000$ .

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