The cost of an object is increased by 12%. If the current cost is ₹ 896, what was its original cost?
Here, rate of increase in cost = 12%
Increased Cost = ₹896
Original Cost = ?
Let the Original Cost be ₹x
∴ Increase in cost = 12% of x = (12/100)x
Increased cost of the object = x + (12/100)x = (112/100)x
∴ (112/100)x = 896
⇒ x = (896 × 100) / 112 = ₹800
Hence, the required cost = ₹800.