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From 2015 to 2016 market value of Reliance industry decreased by 1,50,00,000 that is 25% of original price. Find original price.
1. Rs. 5,00,00,000
2. Rs. 6,00,00,000
3. Rs. 4,50,00,000
4. Rs. 60,00,000

1 Answer

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Best answer
Correct Answer - Option 2 : Rs. 6,00,00,000

Given:

Reduction in price = Rs. 1,50,00,000 

Calculation:

Let assume that original price = x

Reduction in price = 25% of x = 25x/100

According to question

⇒ 25x/100 = 1,50,00,000

⇒ x = 1,50,00,000 × 100/25

⇒ x = 6,00,00,000

∴ The original price is Rs.6,00,00,000

The correct option is 2 i.e Rs. 6,00,00,000.

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