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If the prices of tea falls down by 6% by how much per cent must a householder increased its consumption, so as not to decreased expenditure?

516/47%
418/67%
618/47%
617/47%

Correct Answer: 618/47%

Explanation:

Let original price be ₹ 100
Then, reduced price = ₹ 94
∴ Increase in consumption
= [(100 - 94)/94] x 100 %
= (6/94) x 100 %
= 6¹⁸/₄₇%

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