The price of commodity X increases by 40 paise every year, while the price of commodity Y increases by 15 paise every year. If in 2004, the price of commodity X was ₹ 4.20 and that of Y was ₹ 6.30, in which year commodity X will cost 40 paise more than the commodity Y?
Aptitude
Decimal Fraction
Difficulty: Medium
Choose an option
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A2013
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B2014
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C2015
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D2016
Answer
Correct Answer: 2014
Explanation
## Concept & Logic
This is a relative speed or linear equations problem. The price gap between the two commodities shrinks every year because Commodity X increases faster than Commodity Y. We need to find the number of years it takes for X to catch up and surpass Y by a specific margin.
$$ \text{Target Year} = \text{Base Year} + \frac{\text{Initial Gap} + \text{Target Gap}}{\text{Relative Increase Rate}} $$
## Step-by-Step Solution
* **Given:**
Initial Price of X in 2004 = ₹ 4.20
Initial Price of Y in 2004 = ₹ 6.30
Annual increase of X = 0.40 ₹ (40 paise)
Annual increase of Y = 0.15 ₹ (15 paise)
Target difference = X is 40 paise (0.40 ₹) more than Y.
* **Calculation:**
Let $n$ be the number of years after 2004.
Price of X after $n$ years = $4.20 + 0.40n$
Price of Y after $n$ years = $6.30 + 0.15n$
Set up the equation based on the condition that X costs 0.40 ₹ more than Y:
$(4.20 + 0.40n) - (6.30 + 0.15n) = 0.40$
Simplify the equation:
$0.25n - 2.10 = 0.40$
$0.25n = 2.50$
Solve for $n$:
$n = \frac{2.50}{0.25}$
$n = 10 \text{ years}$
Add 10 years to the base year:
$2004 + 10 = 2014$
## Exam Strategy & Shortcut
Use the concept of relative speed.
Commodity X catches up to Commodity Y at a relative rate of $40 - 15 = 25$ paise per year.
Current price gap = $6.30 - 4.20 = 2.10$ ₹ (or 210 paise).
Target state: X is 40 paise ahead.
Total gap to cover = $210 \text{ paise (to tie)} + 40 \text{ paise (to lead)} = 250 \text{ paise}$.
Time required = $\frac{250}{25} = 10 \text{ years}$.
$2004 + 10 = 2014$. This skips building algebraic equations entirely.
## Common Pitfall
Students often solve for when the prices become equal ($210 / 25 = 8.4$ years) and forget to account for the additional 40 paise target margin required by the question.
## Final Answer
**Therefore, the correct answer is 2014.**