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When the price of rice is increased by 25 percentage , a family reduces its consumption such that the expenditure is only 10 percentage more than before . If 40 kg of rice is consumed by family before , then find the new consumption of family .A. `35.2`B. `35.2`C. `36.2`D. `37.2` |
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Answer» Correct Answer - B (b) Suppose initial price per kg of rice is 100 then their expenditure is 4000. Now their expenditure is only increased by only 10% i.e. 4400. Increased price of rice=125. So new consumption `=(4400)/(125)=35.2` Alternate solution : `{:(,"Price","Consumption","Expenditure"),("Old",4,40,160),("New",5,?,160+16=176):}` `:.` New consumption `=(176)/(5)=35.2` |
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