Due to a 25% fall in the shares one can buy 12 shares more than before

1.	Due to a 25% fall in the shares one can buy 12 shares more than before by investing Rs. 16,200. The original rate per share is?1. Rs. 4202. Rs. 4503. Rs. 4004. Rs. 480
Answer» Correct Answer - Option 2 : Rs. 450 Given: Fall of shares = 25% Due to fall in the share one can buy 12 shares more than before by investing Rs. 16,200 Calculation: Let original price of a share be 100x So, new price of a share = 100x × 75/100 = 75x According to the question, Here, 25% reduction of rate allowed 12 more shares at Rs. 16,200 ⇒ (16,200/75x) – (16,200/100x) = 12 ⇒ 216/x – 162/x = 12 ⇒ 54 = 12x ⇒ x = 4.5 Original price of a shares = 100x = 450 ∴ Original price of a shares is Rs. 450

Due to a 25% fall in the shares one can buy 12 shares more than before by investing Rs. 16,200. The original rate per share is?1. Rs. 4202. Rs. 4503. Rs. 4004. Rs. 480

Answer» Correct Answer - Option 2 : Rs. 450

Given:

Fall of shares = 25%

Due to fall in the share one can buy 12 shares more than before by investing Rs. 16,200

Calculation:

Let original price of a share be 100x

So, new price of a share = 100x × 75/100 = 75x

According to the question,

Here, 25% reduction of rate allowed 12 more shares at Rs. 16,200

⇒ (16,200/75x) – (16,200/100x) = 12

⇒ 216/x – 162/x = 12

⇒ 54 = 12x

⇒ x = 4.5

Original price of a shares = 100x = 450

∴ Original price of a shares is Rs. 450

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