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When the market price per kg of rice and...

When the market price per kg of rice and wheat be in the ratio 3: 2, the monthly expenses of a family towards rice and wheat are in the ratio 5: 6. If the market price of rice and wheat becomes In the ratio 4:3, what will be the ratio of expenses towards them? (Assume that amount of rice and wheat consumed remains unaltered.)

A

`20:29`

B

`20:27`

C

`18:25`

D

`21:37`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will follow the given ratios and calculate the expenses accordingly. ### Step 1: Understand the initial conditions We are given: - The initial market price ratio of rice to wheat = 3:2 - The initial expense ratio of rice to wheat = 5:6 ### Step 2: Calculate the quantities consumed Let the quantity of rice consumed be \( q_r \) and the quantity of wheat consumed be \( q_w \). From the initial expenses, we can express the quantities in terms of the expenses and prices: - Expense on rice = \( 5x \) (for some value \( x \)) - Expense on wheat = \( 6x \) Using the price ratio: - Price of rice = \( 3y \) (for some value \( y \)) - Price of wheat = \( 2y \) Now, we can find the quantities consumed: \[ q_r = \frac{\text{Expense on rice}}{\text{Price of rice}} = \frac{5x}{3y} \] \[ q_w = \frac{\text{Expense on wheat}}{\text{Price of wheat}} = \frac{6x}{2y} = \frac{3x}{y} \] ### Step 3: New price ratio Now, the new market price ratio of rice to wheat is given as 4:3. - New price of rice = \( 4z \) (for some value \( z \)) - New price of wheat = \( 3z \) ### Step 4: Calculate new expenses Since the quantities consumed remain unchanged, we can calculate the new expenses: - New expense on rice = \( q_r \times \text{New price of rice} = \frac{5x}{3y} \times 4z \) - New expense on wheat = \( q_w \times \text{New price of wheat} = \frac{3x}{y} \times 3z \) Calculating these: 1. New expense on rice: \[ = \frac{5x}{3y} \times 4z = \frac{20xz}{3y} \] 2. New expense on wheat: \[ = \frac{3x}{y} \times 3z = \frac{9xz}{y} \] ### Step 5: Find the ratio of new expenses Now, we need to find the ratio of the new expenses: \[ \text{Ratio of new expenses} = \frac{\frac{20xz}{3y}}{\frac{9xz}{y}} = \frac{20xz}{3y} \times \frac{y}{9xz} \] This simplifies to: \[ = \frac{20}{27} \] ### Conclusion Thus, the ratio of expenses towards rice and wheat when the market price becomes 4:3 is: \[ \text{Ratio of expenses} = 20:27 \]
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