At the beginning of day 1 of a month, Rajesh has 500 eggs. He sells 20% of the eggs by the end of the day and added b% of the eggs at the beginning of the next day and sold 20% of the eggs at the end of the next day. This pattern continued up to the end of the third day of the month when he was left with 1024 eggs. The value of b is equal to:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 100.
Given:
Eggs at the beginning of day 1 = 500
Explanation:
According to the given question,
He sold 20% eggs and hence eggs left = × 500
He adds b% of this the next day
Hence, eggs at the beginning of the next day = × × 500
This cycle continued till the end of day 3 when he was left with 1024 eggs
Hence, × × × × × 500 = 1024
Solving for b we get b = 100
Hence, the value of b is 100.