Question

The monthly expenditure of a family on milk is Rs. $700$. If the price of the milk is increased by $8$%, find the increase in the expenditure of the family on milk.

• A. Rs. $706$
• B. Rs. $756$
• C. Rs. $556$
• D. None of these

Answer 1

The correct option is B Rs. $756$

The monthly expenditure on milk = Rs.700.

Increase in price of milk=$8\%$.

$8\%$ of Rs. $700$ is $700\times \frac{8}{100}=Rs.56$

Therefore the total expenditure of family on milk is $Rs.756$