The price of sugar is increased by 21 A person wants to increase his expenditure by 12 only By what ...........

Quantitative Aptitude (CGL) Profit and loss

The price of sugar is increased by 21%. A person wants to increase his expenditure by 12% only. By what percent, correct to one

decimalplace, should he reduce his consumption?

This questions was previously asked in

SSC CGL 11 June 2019 Shift-3

View All ssc Previous Year Papers

7.6%

7.2%

7.8%

7.4%

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Explanation:

Let a man buy 100 kg of sugar in Rs 100
21% price increased then,
100 kg price will be Rs 121
Man increased his expenditure by 12% = 112
Rs 121=100 kg sugar
Rs 112= $_{121}^{11200} =92.60 kg$
So he have to reduce his consumption by 100 - 92.60= 7.40 %