Elitmus
Exam
Numerical Ability
Profit and Loss
A restaurent has priced caema at 95 rs. Now it reduces its price by 20% so that it earns 60% more. Now what is the %ge increase in consumption of caema. Question was exactly like this
option)100% b)10%
Read Solution (Total 3)
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- ans-100%
Let total earning=x
increase in consumption=((160x/100*76)-(x/95)/(x/95))*100
- 10 years agoHelpfull: Yes(2) No(0)
- E1 = C1 * P1
1.6 E1 = C2 * 0.8 P1
5/8 =5*C1 / 4*C2
1/2 = C1 / C2 -> 100% increase - 9 years agoHelpfull: Yes(1) No(1)
- after reduction of 20% its 76rs
initial consumption is x
consumption after reduction in rate is y
than 1.6*95*x=76*y
y/x=2/1
thus 100% increase - 9 years agoHelpfull: Yes(0) No(1)
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