selecting random value from column based on distinct values

I have following data in table :-

| item    | rate |
-------------------
| a       | 50   |
| a       | 12   |
| a       | 26   |
| b       | 12   |
| b       | 15   |
| b       | 45   |
| b       | 10   |
| c       | 5    |
| c       | 15   |

and i need a query which return following output :

| item no | rate |
------------------
| a       | 12 |  --from (26 , 12 , 50)
| b       | 45 | --from (12 ,15 , 45 , 10)
| c       | 5  | --from (5 , 15)

i.e item_no should be distinct and with randomly one rate value..

Thanks in advance