New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    A reduction of 20% in the price of rice enables a

    customer to purchase 125 kg more for Rs.8,000. What is the original price of rice
    A 24 Correct Answer Incorrect Answer
    B 10 Correct Answer Incorrect Answer
    C 12 Correct Answer Incorrect Answer
    D 16 Correct Answer Incorrect Answer

    Solution

    Let P be the original price per kg. Reduced price = 0.8P. Amount of rice bought at original price = 8000/P  Amount of rice bought at reduced price = 8000/ 0.8P =10000 /P The difference in price = 125 kg 10000/P -8000/P =125 2000/P=125 P=16 The original price is Rs. 16 per kg.

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