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Question

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?


  1. 2.96

  2. 1.48

  3. 5.26

  4. 3.68


Solution

The correct option is C

5.26


Increase in consumption = r100r×100

Therefore , Increase in consumption = 51005×100 = 5.26%

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