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Last Updated On [03-11-2023]

If the price of tea falls by 25%, by how much % must a household increase its consumption, so as not to decrease expenditure on tea?

a)

33%

b)

20%

c)

33%

d)

16%


Question ID - 55749 :-

If the price of tea falls by 25%, by how much % must a household increase its consumption, so as not to decrease expenditure on tea?

a)

33%

b)

20%

c)

33%

d)

16%

1 Answer
5876 Votes
3537

Answer Key : (c) -

Increase in consumption of tea = where

=

Alternative Method:

Let the initial price= 100

Price after fall of 25%= 75

∴ Difference of initial price & price after fall=Rs 25

∴ Required increase in consumption =



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b)

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