Question

Thomas sells his refrigerator for Rs 7500.

This is a loss of 80% on the price he paid.
Calculate the price Thomas paid for the refrigerator.

Answer 1

20 percent * 37500 =

(20:100)* 37500 =

(20* 37500):100 =

750000:100 = 7500

Answer 2

37500

Explanation:

100-80 = 20 percent of original price

Therefore 20 percent of selling price = 7500

`(20x)/(100)=7500\\ 20x = 750000\\x = 37500`