document.write( "Question 986846: Veronica sold an old table at a loss of 20%. If she had sold the table for Rs. 40 more, she would have gained 5%. The selling price in the latter case was:
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Veronica sold an old table at a loss of 20%.
\n" ); document.write( " If she had sold the table for Rs. 40 more, she would have gained 5%.
\n" ); document.write( " The selling price in the latter case was:
\n" ); document.write( ":
\n" ); document.write( "Find the original price first, a 20% loss mean she sold it for 80% of it's value
\n" ); document.write( "Let x = the original price
\n" ); document.write( ".80x + 40 = 1.05x
\n" ); document.write( "40 = 1.05x - .80x
\n" ); document.write( "40 = .15x
\n" ); document.write( "x = 40/.15
\n" ); document.write( "x = $266.67 is the original price
\n" ); document.write( "The latter case price
\n" ); document.write( "1.05 * 266.67 = $280 \n" ); document.write( "

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