Question : The price of sugar is increased by 40%. By what percentage must one cut down on the consumption of sugar so that no extra amount has to be incurred on sugar?
Option 1: 33.5%
Option 2: 28.5%
Option 3: 66.6%
Option 4: 26.6%
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Correct Answer: 28.5%
Solution : Suppose at first 100 kg sugar costs Rs. 100. Now, the price increased by 40%. New price = 100 + 40 = 140 Now, quantity of sugar in that price will be = $\frac{100×100}{140}=71.43$ kg Reduced percentage = 100 – 71.43 = 28.57% Hence, the correct answer is 28.5%.
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Question : The price of sugar increases by 15%. By what percentage should the consumption of sugar be decreased so that the expenditure on the purchase of sugar remains the same? [Give your answer correct to 2 decimal places.]
Option 1: 11.11%
Option 2: 12.5%
Option 3: 14.16%
Option 4: 13.04%
Question : If the price is decreased by 25%, then by how much percentage of consumption should be increased, so that the expenditure remains the same?
Option 1: 20%
Option 2: 40%
Option 3: 37.5%
Option 4: 33.33%
Question : If the price of rice is raised by 25%, the percentage by which a house holder must reduce his consumption of rice so as not to increase his expenditure on rice is:
Option 1: 225%
Option 2: 25.75%
Option 3: 25%
Option 4: 20%
Question : Let a bag contain 2 kg of sugar and 3 kg of salt. What percentage of the total is occupied by sugar?
Option 1: 35%
Option 2: 30%
Option 3: 50%
Option 4: 40%
Question : 25% of the marked price is equal to 40% of the cost price. If no discount is given, then what will be the profit percentage?
Option 1: 66.66%
Option 3: 60%
Option 4: 50%
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