📢 Too many exams? Don’t know which one suits you best? Book Your Free Expert 👉 call Now!


    âš¡ Month End Offer - Flat 52% Off On All Courses! Enroll Now âš¡
    00:00:00 AM Left

    Question

    Due to a 20% increase in book prices, Riya decided to

    buy 25% less books. Find out the percentage change in her book expenses.
    A 10% increase Correct Answer Incorrect Answer
    B 10% decrease Correct Answer Incorrect Answer
    C 5% increase Correct Answer Incorrect Answer
    D 0% change Correct Answer Incorrect Answer

    Solution

    Let the initial price of a book be Rs. 100p and initial quantity be 100q books. Initial expenditure = 100p × 100q = Rs. 10000pq New expenditure = (1.20 × 100p) × (0.75 × 100q) = Rs. 9000pq Required percent change = [(9000pq - 10000pq) ÷ 10000pq] × 100 = -10% decrease

    Practice Next
    ask-question