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RRB JE CBT-1Quantitative Aptitude
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If the price of a commodity increases by 20%, by what percentage should a consumer reduce consumption to keep expenditure the same?

A

16.67%

B

20%

C

25%

D

15%

Correct Answer

⚙️ TE • Technical Verified SolutionRRB JE CBT-1Quantitative Aptitude
Option A

16.67%

Quick Summary:

Practice and solve "If the price of a commodity increases by 20%, by what percentage should a consumer reduce consumptio..." 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.

Concept & Solution

Practice and solve "If the price of a commodity increases by 20%, by what percentage should a consumer reduce consumptio..." 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.

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