If the price of a pencil is ₹2 and that of a pen is ₹10, What is the relative price of a pen in terms of pencils?
Answer & explanation
Correct answer: option 1
The correct answer is Option 1: 5 pencils
To find the relative price of a pen in terms of pencils, you divide the price of the pen by the price of the pencil.
- Price of a pen = ₹10
- Price of a pencil = ₹2
Relative price of a pen in terms of pencils = Price of a pen / Price of a pencil
= ₹10 / ₹2
= 5 pencils
So, the relative price of a pen is 5 pencils.