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The price of rice is increased by 20 percent and a person decrease his consumption by 15 percent, so his expenditure on rice is-

increase by 2 percent

increase by 4 percent

decrease by 2 percent

decrease by 4 percent

Explanation:

Let initial price of rice – 100 and new price of rice – 120
suppose initial consumption is 100kg and new consumption is 85kg
Initial expenditure = 10000
New expenditure = 10200
(200/10000)*100 = 2 percent increase

By: Sandeep Dubey

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