CAT 2020 Slot 2 — QA Question 15
In May, John bought the same amount of rice and the same amount of wheat as he had bought in April, but spent ₹ 150 more due to price increase of rice and wheat by 20% and 12%, respectively. If John had spent ₹ 450 on rice in April, then how much did he spend on wheat in May?
Answer & solution
- A
Rs. 580
Rs. 560
- C
Rs. 590
- D
Rs. 570
Easy
Quantities are unchanged month to month, so each item's spending rises by exactly its price-increase percentage. Find the extra spent on rice, subtract from the total extra to get the extra on wheat, back out April's wheat spend, then add to reach May's.
Extra spent on rice. Rice cost rises on an April spend of Rs .
Extra spent on wheat. The total extra is Rs ; the rest is wheat.
April wheat spend. That Rs is a rise on April's wheat amount .
May wheat spend. Add the extra to April's wheat spend.