After a price increase of 23%, a television set costs ₹56,703. What was its original price (in₹)?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 46,100.
Let the original price be ₹100 → After 23% increase → New price = ₹123
123% = 56,703
1% = 56703/123 = 461
100% = 461 × 100 = ₹46,100