Question

When the price of sugar was raised by 20%, the family was bounded to spend Rs. 500 to buy the same items. Calculate the original expenditure in the nearest integer

Answer 1

Let the original expenditure $x$.

According to the condition-

$x+20$% of $x=Rs.500$

$x+\frac{20}{100}\times x=500$

$x+0.2x=500$

$x=\frac{500}{1.2}$

$x=Rs.416.667$

Hence, the original expenditure is $Rs.416.667$