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Water Tax Is Increased By 20% But Its Consumption Is Decreased By 20 %. Then, The Increase Or Decrease In The Expenditure Of The Money Is? |
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Answer» Let tax = Rs. 100 and consumption = 100 UNITS ORIGINAL Expenditure = Rs. (100 × 100) = Rs. 10000 New Expenditure = Rs. (120 × 80) = Rs. 9600 Decrease in expenditure = (400/10000 X 100) % = 4 %. Let tax = Rs. 100 and consumption = 100 units Original Expenditure = Rs. (100 × 100) = Rs. 10000 New Expenditure = Rs. (120 × 80) = Rs. 9600 Decrease in expenditure = (400/10000 x 100) % = 4 %. |
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