1. Tardigrade
  2. Question
  3. Mathematics
  4. The price of a commodity is increased by 40 %. By what percent should a consumer reduce his consumption so that his expenditure on the commodity remains constant?

Question Error Report

Thank you for reporting, we will resolve it shortly

Back to Question

Q. The price of a commodity is increased by $40 \%$. By what percent should a consumer reduce his consumption so that his expenditure on the commodity remains constant?

Percentages

Solution:

Let the original price be ₹ $100 x$.