The price of rice is reduced by 2%. How many kilograms of rice can now be bought for the money which was… · ABC26GN2480
Subject: General Aptitude · Chapter: Percentage
The price of rice is reduced by 2\%. How many kilograms of rice can now be bought for the money which was sufficient to buy 49 kg of rice earlier?
(a)48 kg
(b)49 kg
(c)50 kg
(d)51 kg
Answer
Answer (as printed): C
Explanation
Let the original price be ₹ 100 per kg. Money required to buy 49 kg of rice $=₹(100 \times 49)$ $$=₹ 4900 .$$ New price $=₹ 98$ per kg. $$\text { ∴ Quantity of rice bought }=\left(\frac{4900}{98}\right) \mathrm{kg}=50 \mathrm{kg} .$$