A 10% hike in the price of wheat forces a person to purchase 2 kg less for Rs 110. Find the original price of the wheat. Please provide step by step solution for why doing that step
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Step-by-step explanation:
Let original price= x
Quantity= 110/x
Increased price= x×110/100= 11x/10
Quantity= 110/(11x/10)= 100/x
110/x-100/x= 2
2x= 10
x= 5
ORUGINAL PRICE Rs.5/Kg
INCREASED PRICE= 5×11/10= 11/2= Rs.5.50/Kg
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