Price of 5 kg of rice = ₹240.50
Price of 1 kg of rice = ₹240.55
In 240.5, we have one digit to the right of the decimal point and in 5, there are no digits to the right of the decimal point. So, in the result the number of decimal places is 1.
24055 = 481
So, price of 1 kg of rice = ₹48.1