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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%
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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 100100 - 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 100100 - 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, (30/30/70) * 100 = 42.85%.

Therefore, the price of wheat is 42.85% more than that of rice.

This problem has been solved

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