In a certain year the price of gasoline rose by 20% during January, fell by 20% during February, rose by 25% in March, and fell by x% in April. The price of gasoline at the end of April was the same as it had been at the beginning of January. Find the value of x.

Respuesta :

Answer: The value of x is [tex]\frac{50}{3}[/tex]

Step-by-step explanation:

Let the original price of gasoline be y

Since we have given that

Price of gasoline rose by 20% during January fell by 20% during February rose by 25% in March and fell by x% in April.

So, According to question,

In January, Price became

[tex]\frac{100+20}{100}\times y=\frac{120}{100}\times y=\frac{6}{5}\times y=\frac{6y}{5}[/tex]

Similarly, In February, Price became

[tex]\frac{100-20}{100}\times \frac{6y}{5}=\frac{80}{100}\times \frac{6y}{5}=\frac{4}{5}\times \frac{6y}{5}=\frac{4}{5}\times \frac{6y}{5}=\frac{24y}{25}[/tex]

Similarly, in March, Price became,

[tex]\frac{100+25}{100}\times \frac{4\times 6y}{25}=\frac{125}{100}\times \frac{6\times 4y}{25}=\frac{5}{4}\times \frac{24y}{25}=\frac{5}{4}\times \frac{24y}{25}=\frac{6y}{5}[/tex]

similarly, in April , Price became,

[tex]\frac{100-x}{100}\times \frac{6y}{5}[/tex]

so, we have given that the price of gasoline at the end of April was the same as it had been at the beginning of January.

So, it becomes,

[tex]\frac{6y}{5}\times \frac{100-x}{100}=y\\\\6(100-x)=500\\\\600-6x=500\\\\600-500=6x\\\\100=6x\\\\x=\frac{100}{6}=\frac{50}{3}[/tex]

Hence, the value of x is [tex]\frac{50}{3}[/tex]

Answer:

x= 16 2/3

Step-by-step explanation:

Price will be p

The price in January increases by 20%, it will be 6p/5. The price in February decreased by 20%, it becomes 24p/25. The price in March rose by 25%, it will be 6y/5.  

April: 6y/5 times 100-x/100 = p     6(100-x)=500  100=6x   x= 16 2/3

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