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If the prices of tea falls down by 6% by how much per cent must a householder increased its consumption, so as not to decreased expenditure ?
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- 516/47%
- 418/67%
- 618/47%
- 617/47%
- None of the above
Correct Option: C
Let original price be ₹ 100
Then, reduced price = ₹ 94
∴ Increase in consumption
= [(100 - 94)/94] x 100 %
= (6/94) x 100 %
= 618/47%