Question

A ring is now reduced to £840 this is a saving of 40% of the original price whats the original price of the ring

Answer 1

1400 dollars

Explanation:

Let the original price = 100

Less: saving of 40% = 40

Reduced price = 60

Reduce price of 60 is equivalent to 840 dollars

Hence original price of 100 is equivalent to

100/60 = x/840

Or x = 1400 dollars.

Original price actual = 1400 dollars.

Verify: Original price = 1400

Less: 40% = 560

Reduced price = 1400-560 =840 (given)

Hence verified