The quantity demanded of a commodity falls by 5 units when price rises by ₹ 1 per units
Channel: Doubtnut
Date: 2020-05-03

The quantity demanded of a commodity falls by 5 units when price rises by ₹ 1 per units. Its price elasticity of demand  is (-) 1.5. calculate the price before change if it this price quantity demanded was 60 units.