Last year, the ratio of the prices of two articles A and B was 3 : 5. This year, the price of A is increased by 25% and that of B is decreased by ₹210. If the ratio of the present prices of A and B is 15 : 14, then the price of A last year was:
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When dealing with ratios and percentages, convert percentage changes into multiplication factors and set up equations based on the given relationships.
Let the price of A last year be \( x \) and the price of B last year be \( y \).
We are given the ratio of the prices last year as 3 : 5, so
\[
\frac{x}{y} = \frac{3}{5}
\]
We also know the price of A increases by 25% and that of B decreases by ₹210, giving us the equation
\[
\frac{1.25x}{y - 210} = \frac{15}{14}
\]
Solve these equations to find the value of \( x \).