Percentage

Quantitative Aptitude (HAS)

Title

45:30

8 of 24 completed

5 of 15 completed

38 of 100 completed

8 of 20 completed

Indian Economy - Understanding the basics of Indian economic system

Due to increase of 20% in the price of eggs, 2 eggs less are available for Rs.24. The present rate of eggs per dozen is ?

Rs.25

Rs.26.20

Rs.27.80

Rs.28.80

Where we want to keep the expenditure same, There the Price ratio and Quantity ratio is in reverse order.

Price Ratio:-

100 : 120 => 5 : 6

Quantity Ratio:-

6 : 5

Decreased Value of Quantity => 1 unit ---------> 2 eggs

=> 5 units --------> 5* 2 = 10 eggs.

Now 10 eggs are bought in Rs.24.

So New(Reduced) price per egg is => 24/10 = 2.4 Rs./egg

Now the Price of 1 egg = Rs.2.4

Price of 12 eggs = 12 * 2.4 = 28.80 Rs.