If price of rice is 30% less than that of wheat,then price of wheat is how much per cent more than that of rice?45%37.5%40.65%42.85%
Question
If the price of rice is 30% less than that of wheat, then what is the percentage by which the price of wheat is more than that of rice?
- 45%
- 37.5%
- 40.65%
- 42.85%
Solution
Let's assume the price of wheat is $100.
According to the question, the price of rice is 30% less than that of wheat. So, the price of rice would be 30 = $70.
Now, we need to find out how much percent more the price of wheat is than that of rice.
The difference in price is 70 = $30.
To find out this as a percentage of the price of rice, we divide the difference by the price of rice and multiply by 100.
So, (70) * 100 = 42.85%.
Therefore, the price of wheat is 42.85% more than that of rice.
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