Multiple Choice Questions on A reduction of 20 in the price of rice enables a person to buy 3 5 kg more rice for Rs 385 The........... for SSC (CPO) Exam Preparation

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Indian Economy - Understanding the basics of Indian economic system

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     A reduction of 20% in the price of rice enables a person to buy 3.5 kg more rice for Rs. 385. The original price of rice per kg is ?

    Rs. 20

    Incorrect Answer

    Rs. 22.50

    Incorrect Answer

    Rs. 25

    Incorrect Answer

    Rs. 27.50

    Correct Answer
    Explanation:

    Let price be x new price is x - 20%of x = 0.8x
    Old rice quantity she buy is 385/x
    New rice quantity she can purchase is 385/(0.8x)
    385/(0.8x) - 385/x = 3.5
    Solve it and you will get x = 27.5


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