-
The price of an edible oil is increased by 25%. To maintain the budget, Sushma reduces the consumption of this oil by 20%. The increase in expenditure due to this edible oil is:
-
- 0
- 1
- 2
- 3
Correct Option: A
Cost of edible oil = 100 per kg.
Consumption = 1 kg.
Again,
New price = 125 per kg.
Consumption = 0.8 kg.
Expenditure = Rs. (125 × 0.8) = Rs. 100
OR
Percentage effect
= | x + y + | % | |||
100 |
= | 25 - 20 - | % = 0% | |||
100 |