A vendor has fixed the rate of a vegetable at Rs.40 per kg. But he could not find buyers at this rate. So he reduced its price to Rs.35 per kg using a faulty weight of 910 gm fo 1kg. Then the actual change in the price is
(1) 4 11/13 %decrease
(2) 4 11/13 % increase
(3) 3 11/13 %decrease
(4) 3 11/13 % increase
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the answer is the 1 one
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The answer for the following question can be easily calculated by the following steps : converting the quantity of 1kg into grams, we get 1000 grams equal to 40 rupees.
So which means as per calculation, one gram is 0.004 rs, and so 910 grams should be 0.004*910 = 36.4 rs but what we have is 35 rs, which is a 4 11/13% decrease
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