Join 60,000+ competitive exam aspirants
A multiple-choice question containing percentage values as options.
45%
40.65%
42.86%
37.5%
42.86%
Use the formula 100тИТxxтАЛ├Ч100 where x=30. Calculation: 30/70├Ч100=300/7тЙИ42.86%.
Price of rice is 30% less than the price of wheat.
Percentage┬аmore=(100тИТxxтАЛ)├Ч100
Use the formula 100тИТxxтАЛ├Ч100 where x=30. Calculation: 30/70├Ч100=300/7тЙИ42.86%.
Many students incorrectly assume the answer is 30% or calculate 30% of the rice price, ignoring that the base has changed to the price of rice.
Define Prices
Assume the price of wheat is 100. Since the price of rice is 30% less than wheat, the price of rice is 100тИТ30=70.
PwheatтАЛ=100,PriceтАЛ=70
Calculate Absolute Difference
Find the difference between the price of wheat and rice.
Difference=100тИТ70=30
Calculate Percentage More
To find the percentage more, divide the difference by the base price (price of rice) and multiply by 100.
Percentage=(7030тАЛ)├Ч100=7300тАЛтЙИ42.857%
C is correct because the price of wheat is approximately 42.86% more than the price of rice.
This is a standard variation of the 'Price-Consumption' problem in economics, often appearing in speed math tests.