If the price of gold increases by 50%, find by how much the quantity of ornaments must be reduced, so that the expenditure may remain the same as before?

Related Mcqs:

1. In 50 gm alloy of gold and silver the gold is 80 % by weight. How much gold should be mixed with this alloy so that the weight of gold would become 95 %?

   A. 200 gm
   B. 150 gm
   C. 50 gm
   D. 10 gm

2. The price of a certain item is increased by 15 %. If a consumer wants to keep his expenditure on the item same as before how much percent must he reduce his consumption of that item?

   A. 10 20/23 %
   B. 13 1/23 %
   C. 16 2/3 %
   D. 15 %

3. The price of an article has been reduced by 25%. In order to restore the original price the new price must be increased by________?

   A. 33 1/3 %
   B. 9 1/11 %
   C. 11 1/9 %
   D. 66 2/3 %
   E. None

4. The price of an article has been reduced by 25 %. In order to restore the original price, the new price must be increased by:________?

   A. 33 1/3 %
   B. 11 1/9 %
   C. 9 1/11 %
   D. 66 2/3 %

5. If the price has fallen by 10% what percent of its consumption be: increased so that the expenditure may be the same as before?

   A. 11%
   B. 10%
   C. 11 1/9 %
   D. 9 1/11 %

6. In a hostel there were 100 students. To accommodate 20 more students the average is decreased by rupees 5. But total expenditure increased by Rs.400. Find the total expenditure of the hostel now?

   A. Rs.5000
   B. Rs.4600
   C. Rs.5400
   D. Rs.2300

7. At what price must an article costing Rs.47.50 be marked in order that after deducting 5% from the list price. It may be sold at a profit of 25% on the cost price?

   A. Rs.62.50
   B. Rs.72.50
   C. Rs.75.00
   D. Rs.80.00

8. If cost of sugar increases by 25%. How much percent consumption of sugar should be decreased in order to keep expenditure fixed?

   A. 10%
   B. 15%
   C. 20%
   D. 25%
   E. None

9. Masood’s salary is reduced by 10% and then reduced salary is increased by 10%. Find ,how many percentage his present salary is less as compared to his previous salary?

   A. Nothing
   B. 10%
   C. 1%
   D. 5%

10. The price of cooking oil has increased by 25 %. The percentage of reduction that a farming should effect in the use of cooking oil so as not to increase the expenditure on this account is________?

    A. 15 %
    B. 20 %
    C. 25%
    D. 30%