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The price of ghee is increased by 32%. Therefore, a family reduces its consumption, so that the increment in price of ghee is only 10%. If consumption of ghee is 10 kg before the increment, then What is the consumption now ? |
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Answer: Option A Explanation: Let price of ghee before increment = ₹N Consumption = 10 kg Then, expenditure on ghee = ₹10N After increment, Expenditure on ghee = 110% of 10N = 11N Price of ghee = 132% of N = (N x 132)/100 = 33N/25 per kg ∴ Now consumption = (11N x 25) / 33N kg = 8(1/3) |
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