Inspite of increase in price by 20% the overall expenditure increases by 10%.What is the percentage change in quantity consumed ?

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A person saves 10% of his income . His income increases by 20% but his saving remains constant. Find the percentage increase in his expenditure?

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Two renowned international Sof tware companies , namely Pollaris and Contigent, started their business in the year 2007 and both the companies were in competition with each other in profit making. Pollaris earned 30 percent profit in the year 2007 and 2008, and further increased it to 40 percent in 2009. However, its prof it percentage decreased to 20 percent in the year 2010. On the other hand, Contigent opened with 40 percent prof it in 2007 , but slowly decreased to 35 percent in 2008 and 30 percent in 2009. Interestingly, both the companies increased theirprofit percentage in the later year considerably. Pollaris increased its profit percentage to 35 percent in 2011 and 50 percent in 201 2; simultaneously, Contigent increased its profit percentage to 45 percent in 2010, 50 percent in 2011 and reached 60 percent in the year 2012. As there is a need to understand the income and expenditure for the better performance of both companies in the future, answer the following questions.Q.What is the increase in prof it of Contigent Company in percentage from year 2011 to 2012?

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Inspite of increase in price by 20% the overall expenditure increases by 10%.What is the percentage change in quantity consumed ? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Inspite of increase in price by 20% the overall expenditure increases by 10%.What is the percentage change in quantity consumed ? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Inspite of increase in price by 20% the overall expenditure increases by 10%.What is the percentage change in quantity consumed ?.

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