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Q
Wheat is now being sold at Rs. 27 per kg. During last month its cost was Rs. 24 per kg. Find by how much percent a...

Wheat is now being sold at Rs. 27 per kg. During last month its cost was Rs. 24 per kg. Find by how much percent a family reduces its consumption so as to keep the expenditure fixed ?

A

10.80%

B

10.20%

C

12.30%

D

12.10%

E

11.10%

A

10.80%

B

10.20%

C

12.30%

D

12.10%

E

11.10%

Solution

Let, the consumption of wheat last month and the present month be M and N respectively.In order to keep the expenditure...

Let, the consumption of wheat last month and the present month be M and N respectively.
In order to keep the expenditure fixed.
27N = 24M
N/M = 24/27
= 8/9
Percent reduce in consumption = (9 − 8)/9 × 100
= 1/9 × 100 = 11.1%

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