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    Question

    Price of LPG cylinder increased from Rs.740 to Rs. 925

    goes. How many percent reduction in consumption should not change the amount spent on LPG cylinders? (% In)
    A 30 Correct Answer Incorrect Answer
    B 20 Correct Answer Incorrect Answer
    C 25 Correct Answer Incorrect Answer
    D 35 Correct Answer Incorrect Answer

    Solution

    The difference in Price = Current Price - Initial Price = 925-740 = 185 Percentage Increase = (Difference in Price /Current Price) × 100 = (185/925) ×100 = 20 Hence, to keep the amount spent on LPG cylinders the same, consumption should be reduced by 20%.

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