If the price of oranges was raised by \( \frac{1}{2} \)k per orange. The number of oranges a customer can buy for ?2.40 will be less by 16. What is the pres...
If the price of oranges was raised by \( \frac{1}{2} \)k per orange. The number of oranges a customer can buy for ?2.40 will be less by 16. What is the present price of an orange?
Answer Details
Let x represent the price of an orange and y represent the number of oranges that can be bought xy = 240k, y = 240x.....(i) If the price of an oranges is raised by 12k per orange, number that can be bought for ?240 is reduced by 16 Hence, y - 16 = 240x+12 = 4802x+1 = 4802x+1.....(ii) subt. for y in eqn (ii) 240x - 16 = 4802x+1 = 240?16xx = 4802x+1 = (240 - 16x)(2x + 1) = 480x = 480x + 240 - 32x2 - 16 480x = 224 - 32x2 x2 = 7 x = ?7 = 2.5 = 212k