A reduction of 10% in the price of wheat enables a man to buy 5 kg more for Rs. 450. What was the original price per kg? MCQ with Answer and Explanation

Question

A reduction of 10% in the price of wheat enables a man to buy 5 kg more for Rs. 450. What was the original price per kg?

A. Rs. 9

B. Rs. 10

C. Rs. 8

D. Rs. 12

Answer: Option B

Solution (By JKSSB Mock Tests)

Let original price = P. Reduced price = 0.9P. (450 / 0.9P) - (450 / P) = 5. (500 / P) - (450 / P) = 5. 50 / P = 5. P = 10.

This question belongs to: Maths Profit And Loss

Request complete Subject PDF

Discuss this Question (0)

No comments yet. Be the first to start the discussion!

Practice More Profit And Loss Questions

Question #1

Share Report

A shopkeeper sells a chair for Rs. 450, gaining 12.5%. Find the cost price.

A. Rs. 410

B. Rs. 420

C. Rs. 380

D. Rs. 400

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
CP = 450 / 1.125 = 400.

This question belongs to: Maths Profit And Loss

Question #2

Share Report

A person buys a watch for Rs. 800 and sells it for Rs. 640. What is the loss percentage?

A. 25%

B. 15%

C. 20%

D. 30%

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Loss = 160, loss% = 160/800*100=20%.

This question belongs to: Maths Profit And Loss

Question #3

Share Report

A vendor bought toffees at 6 for a rupee. How many for a rupee must he sell to gain 20%?

A. 4

B. 6

C. 5

D. 3

View Answer & Solution Discuss

Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
Cost Price of 6 toffees = 1. Cost Price of 1 toffee = 1 / 6. Selling Price of 1 toffee to gain 20% = (1 / 6) * 1.20 = 1 / 5. He must sell 5 toffees for a rupee.

This question belongs to: Maths Profit And Loss

Explore All Profit And Loss MCQs