The price of sugar is increased by 17 A person wants to increase his expenditure by 8 only By what p...........

Quantitative Aptitude (CGL) Percentage

The price of sugar is increased by 17%. A person wants to increase his expenditure by 8% only. By what percent should he

decrease his consumption, nearest to one decimal place?

This questions was previously asked in

SSC CGL 11 June 2019 Shift-2

View All ssc Previous Year Papers

7.9%

8.1%

8.3%

7.7%

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Explanation:

Let man have Rs 100 for 100 kg of sugar
Now price 17% increased
New price for 100 kg sugar is Rs 117
Man have increased his expenditure of sugar by 8%
Rs 117=100 kg
Rs 108 = $_{117}^{108\times 100} = 92.3$
So he have to reduced his consumption by = 100 - 92.3= 7.7%