Profit and Loss Q.15

0. The cost of an article reduces by 20%. This enables a person to buy 2 kg more articles for Rs 300. Find the reduced and the original price per kg of rice.

  • Option : A
  • Explanation : 20% reduction on Rs 600 means benefit of RS 120 to a customer. That enables customer to buy 2 kg extra article.
    Thus reduced selling price of 2 Kg = Rs 120 and of one Kg = 120/2 = Rs 60
    If a value reduces by 20%, it means it should be increased by 25% to reach at original value again.
    Thus original price = 60 + 25% of 60 = Rs 75
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