when the price of eggs is reduced by 20% it enables a man to buy 20 more eggs for RS 40 . then the reduced price per egg is what?
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Answer:
Owing to reduction in price of eggs, there is a saving of 20% on Rs. 40
i.e. 20/100 ×40=Rs.8
With Rs. 8, he can purchase 20 eggs
∴ Reduced price of 20 eggs =Rs.8
⇒ Rreduced price of 1 egg
=Rs. 8/20 =Rs.0.4=40 paise
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