if the price of pen decrease by20% then a man can buy 10 pens for 100 rupees what is the new price of each pen
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Answer:
Step-by-step explanation:
Let the price of the pen =Rs X
No of pens he purchase for Rs 100= 100/X
New price of the pen=X x 80/100
= 4/5X ....... (1)
No of pens he can purchase for Rs 100 with reduced cost=100 / 4/5X
=100 x 5X/4
=125/X
According to question
125/X -100/x = 10
25/X =10
X=2.5
put the value of X in (1) equation
New price of the pen =4/5 x 2.5
=2
So the new price of the pen is RS 2
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