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When the price of eggs is reduced by 20 % it enables a man to buy 20 more eggs for Rs. 40. Find the reduced price per egg?

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38 Paise

42 Paise

40 Paise

44 Paise

answer is C.

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Detailed Solution

Concept- To solve this question, let us consider the price of each egg before the reduction was Rs.

. As per the question statement the price of eggs was reduced by 20%.
So, we will calculate the new egg price per egg, on

.
Using the above calculated egg prices, we will also calculate the number of eggs that could be bought for Rs. 40 in each case and use this particular data to form an equation and solve it to obtain the value of

.
Price of each egg before reduction was Rs.

(considered)
Therefore, price of per piece of egg after reduction =

After this price reduction, a man is able to buy 20 more eggs for Rs. 40
Now, let us suppose that, with the price of each egg is Rs.

a number of eggs are available at Rs. 40 and when the price of each egg is reduced to Rs.

then

is the number of eggs available at rupees 40.

Now, at Rs.

,1 egg can be bought.
Then, at Rs. 1, (

) eggs can be bought.
Then, at Rs. 40,

eggs can be bought.
i.e.,

And after price reduction, similarly, at Rs.

,1 egg can be bought.
At Rs. 1, Question Image

eggs can be bought.
And at Rs. 40,

eggs can be bought.
i.e.,

Now,

is the price of one gg before reduction.
Price of single egg after reduction =

.
Hence, the correct answer is 3) 40 Paise.

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