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Due to reduction of 25% in price of oranges a customer can purchase 4 oranges more for Rs. 16. What is the original price of an oranges?
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- Re. 1
- Re. 1.33
- Re. 1.5
- Re. 1.6
Correct Option: B
It is based on inverse proportion or product constancy concept.
Reduction in price = 25% (1 / 4)
Increase in amount = 33.33% ( 1 / 3 ) = 4 oranges
∴ Original price of oranges = 16 / 12 = Rs. 1.33