Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Percentages

Question:

The price of rice is decreased by 8\(\frac{1}{3}\)%. Find by how much percent a man should increases his consumption so that the expenditure remains same?

Options:

11\(\frac{1}{9}\)%

10%

9\(\frac{1}{11}\)%

12\(\frac{1}{2}\)%

Correct Answer:

9\(\frac{1}{11}\)%

Explanation:

Price × Consumption = Expenditure

*(If expenditure remains same the price is inversely proportional to consumption)

Therefore,

8\(\frac{1}{3}\)% = \(\frac{1}{12}\)

Price ratio:         12    :   11

Consumption:     11    :   12   ⇒ 1 (increased by)

Hence,

Increased percentage = \(\frac{1}{11}\) × 100% = 9\(\frac{1}{11}\)%