Because the price of mangoes decreased by 25%, a person can buy 4 mangoes more for Rs 60. What is the new price of one mango?

ARs 5

BRs 4

CRs 3.75 ✓ Correct

DNone of the above

Correct answer: (C) Rs 3.75

Explanation

The new price of one mango is Rs. 3.75.

Let the old price be Rs. p; new price = 0.75p after a 25% fall.

Mangoes for Rs. 60: 60/(0.75p) - 60/p = 4.

This gives 80/p - 60/p = 20/p = 4, so p = 5.

New price = 0.75 x 5 = 3.75.

So one mango now costs Rs. 3.75.

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