If the price of a magazine is 60% higher than the price of a newspaper, then the price of the newspaper is :
A. 37.5% lower than the price of the magazine
B. 40% lower than the price of the magazine
C. 60% lower than the price of the magazine
D. 62.5% lower than the price of the magazine

Question

If the price of a magazine is 60% higher than the price of a newspaper, then the price of the newspaper is :
A. 37.5% lower than the price of the magazine
B. 40% lower than the price of the magazine
C. 60% lower than the price of the magazine
D. 62.5% lower than the price of the magazine

anonymous · Answer

@ganeshie8

anonymous · Answer

@zzr0ck3r

mayankdevnani · Answer

let the price of newspaper be x and magazine be y.
so,
$$\huge \bf x+60~percent=y$$

mayankdevnani · Answer

Can you solve for x ?  @kryton1212

anonymous · Answer

If $n$ is the price of the newspaper and $m$ is the price of the magazine, then...

anonymous · Answer

$$
m = n + 60\% n$$Which simplifies to: $$m = 1.6 n
$$We want to find the number such that: $$
m - ??\%m = n
$$Well, that is my interpretation.

anonymous · Answer

Maybe I'm reading into it too much.

anonymous · Answer

One thing that would make it easy is to simply say that the newspaper is priced at $1.00

anonymous · Answer

Thus the magazine is $1.60

anonymous · Answer

Then we have  $1.60 -  $1.60x = $1.00

mayankdevnani · Answer

@wio   you go into deep .... the answer is easy. its option C)

let the price of newspaper be x and magazine be y,
so,
$$\huge \bf x+60~percent=y$$
subtract 60 % from both the sides,
we get
$$\huge \bf x=y-60~percent$$
and x=newspaper and y=magazine.

mayankdevnani · Answer

its too simple.  @kryton1212   and  @wio

anonymous · Answer

60% of what though?

mayankdevnani · Answer

its 60% higher than newspaper

mayankdevnani · Answer

and its price.

mayankdevnani · Answer

@wio   understood?

anonymous · Answer

$$
$1.60 -  $1.60x = $1.00\
$0.60 = $1.60x \
0.375 = x
$$So I get 37.5%

mayankdevnani · Answer

Why shouldn't it B?  @wio

anonymous · Answer

You're saying it is 60% of $x$, and if so, then your formula should be $$
x + 60\%x = y
$$Because percentages are multiplied to something.

mayankdevnani · Answer

its 60% higher.... it is obvious added

anonymous · Answer

So the question is asking $$
x = y - ??\%y
$$

anonymous · Answer

If an apple cost a dollar and a banana is 60% higher... what is the price of the banana?

mandre · Answer

m = 1.6 * n
m = n / 1.6
$$n = \frac{ m }{ 1.6 }$$

$$n = \frac{ m }{ 16/10 }$$
$$n = m(10/16)$$
$$n = 0.625m$$
To me that means the newspaper is (1-0.625) = 37.5% lower than the magazine.