Math Problem Statement
Due to a 25% price hike in the price of rice, a person is able to purchase 20 kg less of rice for ` 400. Find the initial price.
Solution
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Math Problem Analysis
Mathematical Concepts
Algebra
Linear Equations
Percentage Increase
Formulas
Price after percentage increase = Initial price × (1 + percentage increase)
Quantity of rice = Total amount of money / Price per kg
Linear equation: (Initial quantity - New quantity) = 20 kg
Theorems
Basic Linear Equation Solving
Suitable Grade Level
Grades 8-10
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