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The price of sugar is increased by 20%. As a result, a family decreases its consumption by 25%. The expenditure of the family on sugar will be decreased by :
a. 10%
b. 5%
c. 14%
d. 15%
Read Solution (Total 4)
-
- Let price of sugar be 100 and consumption be 100
original expenditure=price*quantity
=100*100
=10000
New expenditure=120*75
=9000
decrease in expenditure=[(10000-9000)/10000]*100
=10% - 8 years agoHelpfull: Yes(6) No(1)
- Answer is a)10 I got a trick to to solve the problem like this x+y+(xy/100) And x and y both are sign sensetive. Put here x=+20 And y=- 25 Abd calculate
- 9 years agoHelpfull: Yes(3) No(2)
- let us assume the family uses 1kg of sugar which costs 100/-.
then their expenditure is 100/-.
Now they buy 0.75kg for the amount of 120/- per kg. so, The expenditure is 90/-.
% decrease in expenditure is 10%. - 7 years agoHelpfull: Yes(1) No(0)
- Price *consumption =expenditure
20% =1/5
25% =1/4
So that
5*4=20
6*3=18
So {2/20}*100=10% - 6 years agoHelpfull: Yes(1) No(0)
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