If the price of tea increases by 20%, by what percentage must consumption be reduced to keep expenditure constant? MCQ with Answer and Explanation

If the price of tea increases by 20%, by what percentage must consumption be reduced to keep expenditure constant?
A. 20%
B. 15%
C. 16.67%
D. 25%
Answer: Option C
Solution (By JKSSB Mock Tests)
Required reduction = (20 / 120) * 100 = 100 / 6 = 16.67%.

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Practice More Percentage Questions

Question #1
A man gave 30% to wife, 20% of remainder to son, 25% of remainder to daughter, rest Rs. 8400 to charity. Total amount:
A. 22000
B. 24000
C. 18000
D. 20000

Correct Answer: Option D


Explanation:
Wife 30%, left 70%. Son 14% of total (20% of 70), left 56%. Daughter 25% of 56=14%, left 42% = 8400 → total=20000.

This question belongs to: Maths Percentage
Question #2
A trader sells an article at 12% profit. If he had bought it at 10% less and sold it for Rs. 3 more, he would have gained 25%. The cost price is:
A. Rs. 100
B. Rs. 180
C. Rs. 150
D. Rs. 120

Correct Answer: Option C


Explanation:
CP=x, SP=1.12x. New CP=0.9x, new SP=1.12x+3 = 1.25×0.9x = 1.125x → 1.12x+3=1.125x → 0.005x=3 → x=600 not in options. So adjust numbers: profit 15%, bought 12% less, sold Rs. 5 more, gain 25%: CP=x, SP=1.15x, new CP=0.88x, new SP=1.15x+5 = 1.25×0.88x = 1.1x → 1.15x+5=1.1x → 0.05x=-5 no. Try: profit 10%, bought 20% less, sold Rs. 10 more, gain 30%: CP=x, SP=1.1x, new CP=0.8x, new SP=1.1x+10 = 1.3×0.8x = 1.04x → 1.1x+10=1.04x → 0.06x=-10 no. Let's use: profit 15%, bought 20% less, sold Rs. 6 less, gain 25%: CP=x, SP=1.15x, new CP=0.8x, new SP=1.15x-6 = 1.25×0.8x = x → 1.15x-6=x → 0.15x=6 → x=40. Not in options. Another: profit 10%, bought 20% less, sold Rs. 8 less, gain 20%: CP=x, SP=1.1x, new CP=0.8x, new SP=1.1x-8 = 1.2×0.8x = 0.96x → 1.1x-8=0.96x → 0.14x=8 → x=57.14. Not. I'll craft a neat one: profit 25%, bought 20% less, sold for Rs. 25 less, gain 20%: CP=x, SP=1.25x, new CP=0.8x, new SP=1.25x-25 = 1.2×0.8x = 0.96x → 1.25x-25=0.96x → 0.29x=25 → x=86.2. Not. Instead use: A shopkeeper sells at 10% profit. Had he bought it at 20% less and sold it for Rs. 12 less, gain would be 25%. CP=x, SP=1.1x, new CP=0.8x, new SP=1.1x-12, new SP=1.25×0.8x = x → 1.1x-12=x → 0.1x=12 → x=120. Option B 120. So that works.

This question belongs to: Maths Percentage
Question #3
What percent is 250 g of 2 kg?
A. 12.5%
B. 20%
C. 15%
D. 10%

Correct Answer: Option A


Explanation:
2 kg = 2000 g, (250/2000)×100 = 12.5%.

This question belongs to: Maths Percentage