When the price of eggs is reduced by 20% it enables a man to buy 20 more eggs for Rs 40. Then the reduced price per egg is:
A
38 paise
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B
40 paise
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C
42 paise
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D
44 paise
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Solution
The correct option is B 40 paise Let's say Price per egg =x Number of eggs bought for Rs40=40x Reduced price of egg =x−20% of x ⇒x−0.2x=0.8x Number of eggs that can be bought=400.8x As per question, ⇒400.8x−40x=20
⇒40−320.8x=20
⇒80.8x=20
⇒16x=8 ⇒x=2 Reduced price =2×20100=0.40paise Hence, the reduced price per egg will be 40 paise as 20% of Rs 2 is 40paise.