Q. The price of rice falls by 20%. How much rice can be bought now with the money that was sufficient to buy 20 kg of rice previously?
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Correct Answer: (C)
25 kg
Explanation: Let Rs. 100 be spend on rice initially for 20 kg.
As the price falls by 20%, new price for 20 kg rice,
= (100 - 20% of 100) = 80
New price of rice = 80/20 = Rs. 4 per kg.
Rice can bought now at = 10/04 = 25 kg.
Explanation by: Sandeep
Let Rs. 100 be spend on rice initially for 20 kg.
As the price falls by 20%, new price for 20 kg rice,
= (100 - 20% of 100) = 80
New price of rice = 80/20 = Rs. 4 per kg.
Rice can bought now at = 10/04 = 25 kg.
As the price falls by 20%, new price for 20 kg rice,
= (100 - 20% of 100) = 80
New price of rice = 80/20 = Rs. 4 per kg.
Rice can bought now at = 10/04 = 25 kg.