Rate of basmati rice last year was 40 a kg. This year they are costly by 20%. What
is the price this year?
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Rate of basmati rice last year was 40 a kg. This year they are costly by 20%. What
is the price this year?
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Answer:
Price = 40
Increase in cost = 20%
Increase in Price = 40 x 20/100 = 8
Price in this year = 40 + 8 = 48 Rs.