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Question 1: If the price of sugar is raised by 25%, find by how much percent a householder must reduce his consumption of sugar so as not to increase his expenditure ?

(a) 10%
(b) 20%
(c) 18%
(d) 25%

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Question 2: The price of an article has been reduced by 25%. In order to restore the original price, the new price must be increased by
product-constancy-ratio-excercise-question-2

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Question 3: If the duty on an article is reduced by 40% of its present rate, by how much percent must its consumption increase in order that the revenue remains unaltered ?

product-constancy-ratio-excercise-question-3

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Question 4: If the price of a commodity is decreased by 20% and its consumption is increased by 20%, what will be the increase or decrease in the expenditure on the commodity?

(a) 4% increase
(b) 4% decrease
(c) 8% increase
(d) 8% decrease

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Question 5: If the price of petrol be raised by 20%, then the percentage by which a car owner must reduce his consumption so as not to increase his expenditure on petrol is

product-constancy-ratio-excercise-question-5

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Percentages: The Complete Lesson

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