if the price of pen decreases by 20% then a man can buy 10 more pens for 100₹, what is the new price of each pen?
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Let the price of the pen = Rs x
Pens that can be purchased for Rs 100 = 100/x
The new price of the pen = x × 80/100 = 4x/5
Pens that can be purchased for Rs 100 with reducted cost = 100x5/4x = 125/x
According to question,
125/x - 100/x = 10
25/x = 10 = x = 2.5
The new price of the pen = 4/5 × 2.5 = Rs = 2
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