A reduction of 25% in the price of an article enables a man to buy 50 kilograms more for Rs. 500. What is the reduced price per kilogram?
A
Rs. 3
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B
Rs. 2.50
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C
Rs. 2.05
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D
Rs. 2.40
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Solution
The correct option is C Rs. 2.50 Let the original price per kg of the article be Rs. x.
Then the reduced price per kg =75100× Rs. x= Rs.3x4 Amount of article that can be bought for Rs. 500 originally =500x kg Amount of article that can be bought for Rs. 500 by reduced price =5003x/4 kg =500×43x kg Given, 500×43x=500x+50