If Price of wafers is increased by 10%, Krishna could buy 2 kg less wafers in Rs. 440. Now Krishna purchased 5 kg wafers for his birthday, then find how much more money paid by Krishna.
If Price of wafers is increased by 10%, Krishna could buy 2 kg less wafers in Rs. 440. Now Krishna purchased 5 kg wafers for his birthday, then find how much more money paid by Krishna. Correct Answer Rs. 10
Shortcut Trick
Due to increase of 10% price qantity reduced by 2 kg, Or, amount spent on 2kg (according to new rate) = 10% of total amount
⇒ (440 × 10) / 100 = 44
Final Price of 1 kg = Rs. 22
Final price of 5 kg = 22 × 5 = Rs. 110
Initial price of 5 kg = Final price × 100 / (100 + R)
⇒ 110 × 100 / 110 = 100
Difference in paid money = 110 – 100 = Rs. 10
∴ Krishna paid Rs. 10 more to buy 5 kg
Given:
Increase in price of wafers = 10%
Quantity change = 2 kg
Price = Rs. 440
Concept used:
When price increase
Initial price = Final price × 100 / (100 + R)
Calculations:
Let initial price of per kg be x
Initial quantity = 440 / x
Final price of per kg = x × 110 / 100 = 11x / 10
Final quantity = 440 / (11x / 10)
⇒ 400 / x
Difference of quantity = (440 / x) – (400 / x)
⇒ 40 / x = 2 kg
⇒ x = Rs. 20 / kg
Initial price of 5 kg = Rs. 20 / kg
Final price of 5 kg = 11x / 10 = (11 × 20) / 10
⇒ Rs. 22 / kg
Initial price of 5 kg = 20 × 5 = Rs. 100
Final price of 5 kg = 22 × 5 = Rs. 110
Difference in paid money = 110 – 100 = Rs. 10
∴ Krishna paid Rs. 10 more to buy 5 kg