Question
Quantitative Aptitude Question on Percentage
In May, John bought the same amount of rice and the same amount of wheat as he had bought in April, but spent ₹ 150 more due to price increase of rice and wheat by 20% and 12%, respectively. If John had spent ₹ 450 on rice in April, then how much did he spend on wheat in May?
A
₹ 580
B
₹ 570
C
₹ 560
D
₹ 590
Answer
₹ 560
Explanation
Solution
The correct answer is (C): 560
Amount spent on rice in May = 450×1.2=540
If the amount spent on wheat in April is w, then in May it would be 1.12w.
Given, (1.12w+540)−(w+450)=150
⇒12w=60
⇒w=500
∴ The amount spent on wheat in May = 1.12wi.e.,560