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    Rice is now being sold at Taka 20 a kg. During last month its rate was Taka 16 per kg. By how much percent should a family reduce its consumption so as to keep the expenditure fixed?

A    20%

B    15%

C    40%

D    25%

Solution

Correct Answer: Option A

 

Expenditure must be fixed in percentage

= (16/20) X 100= 80 

.:. (100-80) = 20% is reduced

 

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