The price of rice falls by 40%. How much rice can be bought now with the money that was sufficient to buy 20 kg of rice previously?  Choose the correct choice from the following options: A) 5 kg B) 15 kg C) 25 kg D) 30 kg E) None
Solution: Let Rs. 100 be spend on rice initially for 20 kg.   As the price falls by 40%, new price for 20 kg rice,   = (100 -40% of 100) = 60   New price of rice = 60/20 = Rs. 3 per kg.   Rice can bought now at = 100/3 = 33.33 kg.   Answer: Option None
<result>E</result>
The price of rice falls by 40%. How much rice can be bought now with the money that was sufficient to buy 20 kg of rice previously?