when the price of rice increases 25%a man can get 250gm less rice for 18rs find the present cost of rice per kg
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Answer:
Rs 14.4
Step-by-step explanation:
Let the present cost price be rs X.
If the price increase 25% the the new cost price of rice is X+(25÷100)X=1.25X
Now it is given that a man get 250gm less rice for rs18 if the price is increased 25%.
Now, when the price is X, quantity of rice the man get with rs18= (18÷X)
Now when the price is 1.25x, quantity of rice the man get=(18÷1.25X)
Therefore we can write,
18÷X=(18÷1.25X)+0.250kg
or,
0.25X=3.6
X=(3.6÷0.25)=14.4rs.
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