Question
If the price of a commodity increases by 15%, by what
percentage should its consumption be reduced so that the total expenditure remains unchanged?Solution
Let the original price be 100 and consumption be 100 units. New price = 115. Let new consumption be x units. To keep expenditure the same: 115 × x = 100 × 100. x = 86.96 units. Reduction in consumption = (100 - 86.96)/100 × 100 ≈ 13.04%. = 13.04%
The Annual Financial Statement, which is presented as a part of budget, is covered under which Article of the Constitution of India?
When was the second battle of Tarain fought?
Ajit Kumar Mohanty took over the charge of Chairman, _____, in May 2023.
How many sites were chosen from India for the 2019 UNESCO Asia-Pacific Awards for Cultural Heritage Conservation?
Asad Ali Khan was known for playing which of the following Indian instruments?
According to the September report by DataReportal, which is the most used social media app globally?
In the 7th Century AD, a new religion called Islam was born in _________.
Where is the headquarters of ESAF Small Finance Bank located?
Central government launch Swachh Vayu Sarvekshan as part of National Clean Air Programme (NCAP), It may help to reduce air pollution up to 40 per cent b...
Which of the following is not included in the types of Capital Expenditure of government?
