The price of a toy increased by 12% and the new price is Rs. 950. What was the original price?

The price of a toy increased by 12% and the new price is Rs. 950. What was the original price?

Explanation

Let original price be x, then x + 12% of x = 950

⟹ x × 1.12 = 950 ⟹ x = 950 ÷ 1.12 = 875

So, the original price was Rs. 875.