Problem: You can now buy 4 meters of more cloth with Tk. 800 because of a reduction in price by 20%. Calculate the original price and current price of per meter of cloth.
View all: DUTCH BANGLA BANK | PROBETIONARY OFFICER | WRITTEN MATH SOLVE | 2003
Correct Answer: The original price Tk. 50 and the current price Tk. 40.
Explanation:
In Tk. 100 decreases = Tk. 20
In Tk. 800 decreases = Tk.20⋅800100
= Tk. 160
The current price of 4 meters is Tk. 160
The current price of per meters is Tk. (160 / 4) = Tk. 40
At a reduction in price by 20%,
The current price = Tk. (100 — 20) = Tk. 80
The original price of per meter of cloth = 100⋅4080
= Tk. 50