Profit and Loss Question & Answers
Due to reduction of 25% in price of oranges a customer can purchase 4 oranges more for Rs. 16. what is original price of an orange?
|A) Rs 1||B) Rs 1.33|
|C) Rs 1.5||D) Rs 1.6|
Recall it is based on inverse proportion or product constancy concept.
Reducion in price increase in amount
25% 33.33% = 4 oranges
It means original number of oranges = 4 x 3 = 12
original price of oranges = = Rs. 1.33
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