CameraIcon
CameraIcon
SearchIcon
MyQuestionIcon


Question

If tax on a commodity is reduced by 10%, total revenue remains unchanged. What is the percentage increase in its consumption?
 
  1. None of the above
  2. 20%
  3. 9111%
  4. 1119%
  5. 10%


Solution

The correct option is D 1119%
Percentage increase in the consumption
=1010010×100=1009=1119%
 

flag
 Suggest corrections
thumbs-up
 
0 Upvotes


Similar questions
View More


People also searched for
View More



footer-image