If the price of tea falls down by 5%, by how much per cent can a householder increase its consumption, so as not to decrease expenditure?
2.96
5.26
1.48
3.68
Increase in consumption = r100−r×100
Therefore , Increase in consumption = 5100−5×100 = 5.26%
Question 1 - In the new budget, the price of petrol rose by 10%. By how much per cent must one reduce the consumption so that the expenditure does not increase?