Due to reduction of 20 in price of pens a customer can purchase 5 more pens for Rs 40 What is the or...........

Quantitative Aptitude ( CCS) Profit and loss

Due to reduction of 20% in price of pens a customer can purchase 5 more pens for Rs. 40. What is the original price of a pen?

Rs 5

Rs 3

Rs 2

Rs 6

There is 20% reduction in price.

So to keep the total amount same,

consumption should increase by 20/(100-20) * 100 = 25%
For 25% (25/100 = 1/4) increase in consumption,

customer can purchase 5 more pens
So original price of pens = 4*5 = Rs 20
So original price of 1 pen = 40/20 = Rs 2

Hence, option 3 is the correct answer.

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