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If the price of rice increases by 20% and a person reduces its consumption by 20%, by what percentage will his total expenditure on rice decrease?
4%
5%
3%
2%
4%
Practice and solve "If the price of rice increases by 20% and a person reduces its consumption by 20%, by what percentag..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: 4%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.
Practice and solve "If the price of rice increases by 20% and a person reduces its consumption by 20%, by what percentag..." for Mathematics - Previous Year Paper 2024. The correct answer is Option A: 4%. Detailed step-by-step solution, conceptual clarity, and formulas on Examoogle.