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If the price of an article decreased by 25% then by what percent it's consumption should be increased or decreased so that expenditure increased by 20% .?
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If the price of an article decreased by 25% then by what percent it's ...
Introduction:
In this problem, we need to find out by what percent the consumption of an article should be increased or decreased so that expenditure is increased by 20% after the price of the article decreased by 25%.

Given:
Price decreased by 25%
Expenditure increased by 20%

Solution:
Let's assume that the initial price of the article is P and the initial consumption is C. So, the initial expenditure can be calculated as E = P x C.

After the price decreased by 25%, the new price of the article will be (75/100)P. So, the new expenditure can be calculated as E' = (75/100)P x C.

Now, we need to find out by what percent the consumption should be increased or decreased so that E' is increased by 20%. Let's assume the new consumption is C'.

So, the new expenditure will be E" = (75/100)P x C'.

Now, we can write the equation:
E" = E' x (120/100)

Substituting the values of E' and E", we get:
(75/100)P x C' = (75/100)P x C x (120/100)

Simplifying the equation, we get:
C' = (4/3)C

So, the consumption should be increased by 33.33% (i.e., (4/3 - 1) x 100) to increase the expenditure by 20%.

Conclusion:
In conclusion, we can say that if the price of an article decreased by 25% then the consumption should be increased by 33.33% to increase the expenditure by 20%.
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If the price of an article decreased by 25% then by what percent it's consumption should be increased or decreased so that expenditure increased by 20% .?
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If the price of an article decreased by 25% then by what percent it's consumption should be increased or decreased so that expenditure increased by 20% .? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about If the price of an article decreased by 25% then by what percent it's consumption should be increased or decreased so that expenditure increased by 20% .? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for If the price of an article decreased by 25% then by what percent it's consumption should be increased or decreased so that expenditure increased by 20% .?.
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