Latest CAT Aptitude Question SOLUTION: .A reduction of 5% in the price of wheat lets a person to buy 2 kg more wheat for Rs. 200/-. Find the reduced price of wheat.

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(#M40155273) CAT Numerical Ability question Profit and Loss Keep an EYE

.A reduction of 5% in the price of wheat lets a person to buy 2 kg more wheat for Rs. 200/-. Find the reduced price of wheat.

Asked In CAT amarnath kamaraj (8 years ago)

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Devendra Marghade  (8 years ago)

5 Rs.

If initially with price(in Rs.) 'x' perkg, person gets 200/x kg. of wheat.
With reduction of 5% price =0.95x , he will get (200/x)+2 kg. of wheat
So 200/(0.95x)=(200/x)+2 or x=10/1.9
Reduced price=0.95*10/1.9=5

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aloukika  (8 years ago)

reduce price will be 5 kg

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surendra  (8 years ago)

let us assume he will get 'x' kg for 200Rs initially. After 5% cost reduction, he is getting 'x+2' kgs for 200Rs. Cost of one kg initially is 200/x. After reduction it will be 0.95* (200/x). For 'x+2' kgs it is (x+2)*0.95*(200/x). from the eq. (x+2)*0.95*(200/x) = 200. find 'x' value as 38. then substitute x in reduced cost ..... it will be 5rs

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