8. Due to a reduction of 6\({1 \over 4}\)% in the price of sugar, a man is able to buy 1 kg more for ₹ 120. Find the original and reduced rate of sugar.

1. ₹ 7, ₹ 8.50 

2. ₹ 8, ₹ 7.50 

3. ₹ 6, ₹ 7.50 

4. ₹ 6, ₹ 6.50

Correct Answer :

₹ 8, ₹ 7.50