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If the price of a commodity increases by 20%, by what percentage should consumption be reduced to keep expenditure the same?
16.67%
20%
25%
15%
16.67%
Practice and solve "If the price of a commodity increases by 20%, by what percentage should consumption be reduced to ke..." for RRB JE CBT-1 - Quantitative Aptitude · The correct answer is Option A: 16.67%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "If the price of a commodity increases by 20%, by what percentage should consumption be reduced to ke..." for RRB JE CBT-1 - Quantitative Aptitude · The correct answer is Option A: 16.67%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.