A. No change
B. 5 % decrease
C. 4 % increase
D. 4 % decrease
Let tax = Rs. 100 and consumption = 100 units
Original Expenditure = Rs. (100 × 100) = Rs. 10000
New Expenditure = Rs. (120 × 80) = Rs. 9600
Decrease in expenditure = (400/10000 x 100) % = 4 %
Related Mcqs:
- 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 - If the price of petral is increased by 20% by what percentage should the consumption be decreased by the consumer if the expenditure on petrel remains unchanged?
A. 16 2/3%
B. 6 2/3%
C. 8%
D. 15% - 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?
A. 20%
B. 18%
C. 15%
D. 12% - 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 % - 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 - 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 % - 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 % - 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 - 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 - 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%
