Please enter the following details
Free Daily Targets & Mocks
Study Material & Formulas PDFs
1 on 1 Mentorship
Question 111
The price of sugar is decreased by 10%. By what percent can a person increase the consumption so that there is no change in the expenditure?
Solution
Let the initial price of Sugar is Rs. x and initial monthly consumption of sugar is y kg. So, monthly expenditure towards use of sugar is
x $$\times\ $$ y = Rs. xy
When sugar price increased by 10% then price of sugar will become 1.1 x. To maintain expenditure constant, Rs. xy to be fixed. Hence consumption of sugar to be reduced by 1 * 100/1.1 = 9.1 % or $$\frac{100}{9}\ \%\ $$ Ans.
Create a FREE account and get:
- Free SSC Study Material - 18000 Questions
- 230+ SSC previous papers with solutions PDF
- 100+ SSC Online Tests for Free
