The correct answer is (C): \(560\)
Amount spent on rice in May = \(450×1.2 = 540\)
If the amount spent on wheat in April is \(w\), then in May it would be \(1.12w\).
Given, \((1.12w+540)-(w+450) = 150\)
\(⇒ 12w = 60\)
\(⇒ w = 500\)
\(∴\) The amount spent on wheat in May = \(1.12w \;i.e., 560\)
Let John buy \(m\) kg of rice and \(p\) kg of wheat.
If price of rice be \(r\) in April,
Then, price in May \(= 1.2r\)
Now let the price of wheat be \(w\) in April,
Then, price in April \(= 1.12w\)
Now, John spent \(₹150\) more in May,
\(⇒ 0.2(rm)+0.12(wp) =150\)
Its also given that he had spent \(₹ 450\) on rice in April.
\(⇒ rm = 450\)
\(⇒ 0.2rm = 0.2 \times 450\)
\(0.2rm = 90\)
On substituting,
\(wp =\) \(\frac {60}{0.12}\)
\(⇒ wp = 500\)
Amount spent on wheat in May \(= 1.12 \times 500\)
\(=₹ 560\)
So, the correct option is (C): \(₹ 560\)
List-I | List-II |
---|---|
(A) Confidence level | (I) Percentage of all possible samples that can be expected to include the true population parameter |
(B) Significance level | (III) The probability of making a wrong decision when the null hypothesis is true |
(C) Confidence interval | (II) Range that could be expected to contain the population parameter of interest |
(D) Standard error | (IV) The standard deviation of the sampling distribution of a statistic |