If price of rice is increased by 25 percent, then by what percentage consumption of rice should be decreased so that the expenditure incurred on rice gets decreased by 40 percent? |
52 percent 43.33 percent 42 percent 48 percent |
52 percent |
25% = \(\frac{1}{4}\) , 40% = \(\frac{2}{5}\) Price 4 : 5 consumption a : b Expenditure 5 : 3 { Expenditure = Price × Consumption } \(\frac{4a}{5b}\) = \(\frac{5}{3}\) \(\frac{a}{b}\) = \(\frac{25}{12}\) Decrease in consumption = 25 - 12 = 13 Decrease percentage in consumption = \(\frac{13}{25}\) × 100 = 52% |