21844
Unique Id: 18897
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DIRECTION
for the question:
Solve the following question and mark the best possible option.
Price of milk is increased by 50%. Find by how much percent the consumption is reduced so as not to increased the expenditure ?
A)
16%
B)
20%
C)
50%
D)
28%
E)
None of these
E
Let the price of milk be = Rs. 100
New price of Milk = 100 + 50% of 100 = 150
For 150 reduction in consumption = 50
For 1 reduction in consumption = 50/150
For 100 reduction in consumption = 50/150 * 100 = 33.33%.
Question include in Following Tests :
Percentage Level I - 02
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