CAT 2018 Percentages Question (Medium)

Question

The price of corn increases by 20 also the expenditure to bring corn to market increases by 5 . By how much per cent should a family decrease its consumption so as to keep their budget same?

Optima Learn · Accepted Answer

Understanding The price of corn rises by 20 , and the expenditure to bring corn to market rises by 5 we need the percentage by which a family should reduce its consumption to keep its total budget unchanged. Analyzing Combining the price and expenditure increases and applying the standard budget-pre

CAT 2018 Percentages — Previous Year Question

CAT 2018

Quantitative

Percentages

Medium

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