SOLUTION: A company reduced the price of an article by 5%.by what per cent a retailer must increase the new price so as to sell the article at the old price ?
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Question 721147: A company reduced the price of an article by 5%.by what per cent a retailer must increase the new price so as to sell the article at the old price ? Answer by checkley79(3341) (Show Source):
You can put this solution on YOUR website! .95XY=X DIVIDE BY X.
.95XY/X=X/X CANCEL THE X FACTORS.
.95Y=1
Y=1/.95
Y=1.05263 OR 5.263% IS THE INCREASE IN THE SALE PRICE TO GET THE ORIGINAL PRICE.
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