The tax on a commodity is diminished by 20% but its consumption is increased by 10%. Find the decrease percent in the revenue derived from it?

Related Mcqs:

1. The tax on a commodity is diminished by 20% and its consumption increased by 15%. The effect on revenue is_________?

   A. It increases by 8%
   B. It decreases by 8%
   C. No change in revenue
   D. It increases by 10%
   E. None

2. Water tax is increased by 20% but its consumption is decreased by 20 %. Then, the increase or decrease in the expenditure of the money is:________?

   A. No change
   B. 5 % decrease
   C. 4 % increase
   D. 4 % decrease

3. If the numerator of a fraction is increased by 20% and its denominator is diminished by 25% value of the fraction is 2/15. Find the original fraction.

   A. 1/12
   B. 1/8
   C. 1/6
   D. 1/4

4. The price of petrol is increased by 25 %. By how much percent a car owner should reduce his consumption of petrol. So that expenditure on petrol would not be increased?

   A. 25 %
   B. 30 %
   C. 50 %
   D. 20 %

5. Profit after selling a commodity for Rs. 425 is same as loss after selling it for Rs.355. The cost of the commodity is:________?

   A. Rs. 385
   B. Rs. 390
   C. Rs. 395
   D. Rs. 400

6. 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 %

7. Ghafoor went to the stationers and bought things worth Rs. 25, out of which 30 paise went on sales tax on taxable purchases. If the tax rate was 6%, then what was the cost of the tax free items?

   A. Rs. 15
   B. Rs. 15.70
   C. Rs. 19.70
   D. Rs. 20

8. 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 %

9. A rectangle has 15 cm as its length and 159 cm² as its area. Its area is increased to 1 1/3 times the original area by increasing only its length its new perimeter is:_________?

   A. 50 cm
   B. 60 cm
   C. 70 cm
   D. 80 cm

10. In an exam, Amir scored 64 percent, Masood scored 36 percent and asif 44 percent. The maximum score awarded in the exam is 800. Find the average mark scored by all the three boys?

    A. 384
    B. 364
    C. 324
    D. 404