Jeevan went to buy a chocolate worth Rs.x . He gave Rs. 10 rupee note to the shopkeeper to buy the chocolate then shopkeeper gave rest of the money in the denominations of 50 paise, 1 rupee and 2 rupees. If the ratio of the number of coins is 4: 2 : 1 respectively. Then what is the price of the chocolate?
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Answer:
6.50
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The price of the chocolate is equal to Rs. 4.
The ratio of the coins returned by the shopkeeper is given by 50 paise : 1 rupee : 2 rupees = 4:2:1.
Total money returned by the shopkeeper = 4 × 0.5 + 2 × 1 + 1 × 2 = Rs. 6
Cost of the chocolate = 10 - 6 = Rs. 4
If we consider another ratio , eg - 8:4:2.
Total money returned by the shopkeeper = 8 × 0.5 + 4 × 1 + 2 × 2 = Rs. 12
This is not possible as the maximum possible amount is Rs. 10.
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