the price of salt was ₹18 per kg if it increase first by 20%and then by 20% what is the new cost of salt
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Answer:
Let the original price per kg is x Rs
Reduced price is 0.8x
So
100/0.8x−100/x=4
x=25/4
So reduced price 0.8∗x=5 Rs/kg
Conceptual way
20% of 100 = 100∗(20/100)=20 Rs will be saving. But instead of this he bought extra 4 kg salt.
New price = 20/4 = 5 Rs/kg
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