The price of rice is reduced by 5%. How many kilograms of rice can now be bought for the money, which was sufficient to buy 50 kg of rice earlier?

52.63 kg
50.40 kg
42.30 kg
60.50 kg

Correct Answer: 52.63 kg

Explanation:

Let original price be ₹ 100 per kg.
Money required to buy 50 kg of rice = ₹ (100 x 50) = ₹ 5000
New price = (100 - 5) = ₹ 95 per kg
∴ Quantity of rice bought = (5000/95) kg = 52.63 kg

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