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 Because of the budget presented by Yashwant Sinha, the price of sugar increased by 40%. The Verma family reduced its consumption so that expenditure on sugar is up by 12%. If the total consumption of sugarbefore the rise in price was 50 kg. What is the present consumption of sugar (in kg)?
  • a)
    48 kg
  • b)
    40 kg
  • c)
    36 kg
  • d)
    32 kg
Correct answer is option 'B'. Can you explain this answer?
Verified Answer
Because of the budget presented by Yashwant Sinha, the price of sugar ...
E = P x C
Using successive Rule,
Let the c consumption due
12 = 40 + x + 40x/100
-28=7x/5
x = –20%
Thus, consumption decreases by 20%
Present consumption = 50 (0.8) = 40 kg.
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Most Upvoted Answer
Because of the budget presented by Yashwant Sinha, the price of sugar ...
Given:
Price increase of sugar due to budget presented by Yashwant Sinha = 40%
Reduction in consumption by Verma family = 12%
Total consumption of sugar before price increase = 50 kg

To find:
Present consumption of sugar (in kg)

Solution:
1. First, we need to find the new price of sugar after the increase of 40%.
Let the original price per kg of sugar be x.
New price per kg of sugar = x + 40% of x = x + 0.4x = 1.4x

2. Next, we need to find the amount spent on sugar by the Verma family after the price increase and consumption reduction.
Let the present consumption of sugar be y kg.
Amount spent before price increase = 50 kg * x
Amount spent after price increase = y kg * 1.4x
As per the question, the expenditure on sugar is up by 12%.
Therefore, 1.12 * Amount spent before price increase = Amount spent after price increase
1.12 * 50 kg * x = y kg * 1.4x
y = (1.12 * 50 kg * x) / (1.4x)
y = 40 kg

3. Therefore, the present consumption of sugar by the Verma family is 40 kg.

Answer: Option B (40 kg)
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Because of the budget presented by Yashwant Sinha, the price of sugar increased by 40%. The Verma family reduced its consumption so that expenditure on sugar is up by 12%. If the total consumption of sugarbefore the rise in price was 50 kg. What is the present consumption of sugar (in kg)?a)48 kgb)40 kgc)36 kgd)32 kgCorrect answer is option 'B'. Can you explain this answer?
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Because of the budget presented by Yashwant Sinha, the price of sugar increased by 40%. The Verma family reduced its consumption so that expenditure on sugar is up by 12%. If the total consumption of sugarbefore the rise in price was 50 kg. What is the present consumption of sugar (in kg)?a)48 kgb)40 kgc)36 kgd)32 kgCorrect answer is option 'B'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Because of the budget presented by Yashwant Sinha, the price of sugar increased by 40%. The Verma family reduced its consumption so that expenditure on sugar is up by 12%. If the total consumption of sugarbefore the rise in price was 50 kg. What is the present consumption of sugar (in kg)?a)48 kgb)40 kgc)36 kgd)32 kgCorrect answer is option 'B'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Because of the budget presented by Yashwant Sinha, the price of sugar increased by 40%. The Verma family reduced its consumption so that expenditure on sugar is up by 12%. If the total consumption of sugarbefore the rise in price was 50 kg. What is the present consumption of sugar (in kg)?a)48 kgb)40 kgc)36 kgd)32 kgCorrect answer is option 'B'. Can you explain this answer?.
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