The price for a pair of cuff links is ₹ 1.00 . The price for a 5-pair package of cuff links is $₹ 3.40$. The 5-pair package is what percent cheaper per pair than 5 pairs purchased separately?
(a)32\%
(b)47\%
(c)62\%
(d)63\%
Answer
Answer (as printed): A
Explanation
Price of 5 pairs when purchased separately $=₹ 5$. Price of 5 pair package = ₹ 3.40. Difference in price $=₹(5-3.40)=₹ 1.60$. $$\text { ∴ } \text { Required percentage }=\left(\frac{1.6}{5} \times 100\right) \%=32 \% .$$
Explanation as extracted from the printed page; notation may be imperfect.