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  • Question
  • If the price of kerosene be raised by 11%, find by how much percent a house holder must reduce his consumption of kerosene so as not to increase his expenditure?


  • Options
  • A. 11%
  • B. 9.09%
  • C. 11.09%
  • D. 8.25%

  • Correct Answer
  • 9.09% 

    Explanation

    Let the price of kerosene be x and household
    consumption be y.
    Expenditure = xy
    New cost of kerosene = 1.1x, let new household
    consumption be z.
    In order to not to increase expenditure,
    xy = 1.1x * a
    ? a= 10y/ 11
    ? consumption should decrease by = 1/11 X 100 = 9.09%

  • Tags: Bank Exams

    Percentage problems


    Search Results


    • 1. If the value of a company stock drops from Rs. 25 per share to Rs. 21 per share, the percentage decrease per share is

    • Options
    • A. 4
    • B. 8
    • C. 12
    • D. 16
    • Discuss
    • 2. 25% discount is offered on an item. By applying a promo code the customer wins 8% cash back. What is the effective discount?

    • Options
    • A. 35.75 percent
    • B. 35 percent
    • C. 31 percent
    • D. 12.5 percent
    • Discuss
    • 3. 5% discount is offered on an item. By applying a promo code the customer wins 20% cash back. What is the effective discount?

    • Options
    • A. 28.8 percent
    • B. 24 percent
    • C. 25 percent
    • D. 21 percent
    • Discuss
    • 4. Tapas, Avi and Rishi shared a cake. Tapa had 1/2 of it, Rishi had 1/3 of it, and Avi had the rest. What was Avi's share of the cake?

    • Options
    • A. 3/5
    • B. 2/6
    • C. 3/6
    • D. 1/6
    • Discuss
    • 5. If Giridhar's salary is 5/3 times of Hariraj's and Shaunak's is 2/3 times of Hariraj's, what is the ratio of Giridhar's salary to Shaunak's.

    • Options
    • A. 9:10
    • B. 10:9
    • C. 5:2
    • D. 2:5
    • Discuss
    • 6. A shopkeeper marks his goods 40% above the cost price and allows a discount of 25% on it. His gain % is

    • Options
    • A. 5%
    • B. 10%
    • C. 15%
    • D. 20%
    • Discuss
    • 7. The marked price of a sofa set is Rs 4800 which is sold at Rs 3672 at two successive discounts. If the first discount is 10%, then what will be the second discount (in %)?

    • Options
    • A. 13
    • B. 15
    • C. 14
    • D. 17
    • Discuss
    • 8. The rate of simple interest for which a sum of money becomes 5 times in 8 years is

    • Options
    • A. 30%
    • B. 40%
    • C. 50%
    • D. 55%
    • Discuss
    • 9. If one-third of a number is 45, then what will be the 45% of that number?

    • Options
    • A. 60.75
    • B. 58.25
    • C. 61.25
    • D. 70.75
    • Discuss
    • 10. In a school 60% of the students are girls. If number of boys is 480, then what is the total number of students in the school?

    • Options
    • A. 1200
    • B. 840
    • C. 96
    • D. 1320
    • Discuss


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