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In the question given below contains a statement followed by quantity I and quantity II. Find both to find the relationship among them. Mark your answer according
Quantity I: The price of rice is decreased by 50%, by how much % the consumption is increased so that the expenditure will decreased by 10%?
Quantity II: A man spends Rs. 9,000 out of his income 13,000. If his income and expenditure are increased by 12% and 12%. Find the percentage change in his savings.
  • a)
    Quantity I > Quantity II
  • b)
    Quantity I ≥ Quantity II
  • c)
    Quantity I < quantity="" />
  • d)
    Quantity I ≤ Quantity II
  • e)
    Quantity I = Quantity II or No relation can be established
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
In the question given below contains a statement followed by quantity...
Quantity I:
Let price of rice =100 & consumption = 100 & so total expense = 100×100 = Rs.10000
Now new price of rice = 50 & total expense = 10000×90% = Rs.9000
So new consumption = `9000/50`
So ratio of old & new consumption = 100: `9000/50` = 5000: 9000 = 5 : 9
Hence % increase in consumption = `(9-5)/5` ×100 = `4/5` ×100 = 80%
Quantity II:Ratio of expense & income = 9000 : 13000 = 9 : 13
So let Income = 1300 , Expense = 900
so saving = 1300-900 = Rs. 400
Now new income = 1300×112% = 1456 & new expense = 900×112% = 1008
So new saving = 1456 -1008 = Rs. 448
Hence increase in saving % = `(448-400)/400` ×100 = 12%
Hence, Quantity I > Quantity II
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In the question given below contains a statement followed by quantity I and quantity II. Find both to find the relationship among them. Mark your answer accordingQuantity I: The price of rice is decreased by 50%, by how much % the consumption is increased so that the expenditure will decreased by 10%?Quantity II: A man spends Rs. 9,000 out of his income 13,000. If his income and expenditure are increased by 12% and 12%. Find the percentage change in his savings.a)Quantity I > Quantity IIb)Quantity I ≥ Quantity IIc)Quantity I d)Quantity I ≤ Quantity IIe)Quantity I = Quantity II or No relation can be establishedCorrect answer is option 'A'. Can you explain this answer?
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