The following bar graph shows the percentage increase in the price of crude oil on different days of a given week compared to its price on the previous day.

If the price of crude oil at the end of Friday was ₹44,800 per barrel, then what was the price (per barrel) of crude oil at the end of Thursday?

₹40,000

Let price of crude oil at end of Thursday  = 100x

Price of crude oil at end of Friday = 100x + 12% of 100x = 112x

According to question ,

112x = 44800

x = 400

100x = 100 × 400 = 40000

So , price of crude oil at the end of Thursday = 40000