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:
:
Find the original price first, a 20% loss mean she sold it for 80% of it's value
Let x = the original price
.80x + 40 = 1.05x
40 = 1.05x - .80x
40 = .15x
x = 40/.15
x = $266.67 is the original price
The latter case price
1.05 * 266.67 = $280