Sun	Mon	Tue	Wed	Thu	Fri	Sat
23	24	25	26	27	28	1
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23	24	25	26	27	28	29
30	31	1	2	3	4	5

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Multiple Choice Questions

When the price of rice is increased by 30 percent a family reduces its consumption such that the exp...........

Quantitative Aptitude(IBPS CL) Percentage

When the price of rice is increased by 30 percent, a family reduces its consumption such that the expenditure is only 20 percent more than before. If 50 kg of rice is consumed by family before, then find the new consumption of family (approx.)

43kg

44kg

45kg

46kg

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Explanation:

Suppose initially price per kg of rice is 100 then their expenditure is 5000.
Now their expenditure is only increased by only 20% i.e – 6000.
Increased price of rice = 130.
So new consumption = 6000/130 = 46

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