If the price of sugar increases by 20%, by how much percent must consumption be reduced to keep expenditure constant? MCQ with Answer and Explanation

If the price of sugar increases by 20%, by how much percent must consumption be reduced to keep expenditure constant?
A. 25%
B. 16.67%
C. 20%
D. 15%
Answer: Option B
Solution (By JKSSB Mock Tests)
Reduction % = (20/120)×100 = 16.67%.

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Practice More Percentage Questions

Question #1
In a class of 40, 30% are girls. Number of boys is:
A. 32
B. 26
C. 28
D. 30

Correct Answer: Option C


Explanation:
70% of 40 = 28 boys.

This question belongs to: Maths Percentage
Question #2
In a bag, 60% are red balls, 30% are blue balls, and the rest are green balls. If 5% of red, 10% of blue, and 20% of green balls are defective, what percent of the total balls are defective?
A. 8%
B. 7.5%
C. 8.5%
D. 7%

Correct Answer: Option A


Explanation:
Red=60, Blue=30, Green=10. Defective: Red 0.05×60=3, Blue 0.1×30=3, Green 0.2×10=2. Total defective=8%. So answer 8%.

This question belongs to: Maths Percentage
Question #3
A number is 50% more than another number. If the smaller number is 60, what is 40% of the larger number?
A. 30
B. 45
C. 36
D. 40

Correct Answer: Option C


Explanation:
Larger = 60 × 1.5 = 90, 40% of 90 = 36.

This question belongs to: Maths Percentage