model 6 consumption & remaining Practice Questions Answers Test with Solutions & More Shortcuts

Question : 11 [SSC CGL Tier-I 2011]

Price of sugar rises by 20%. By how much percent should the consumption of sugar be reduced so that the expenditure does not change?

a) 15%

b) 10%

c) 20%

d) 16$2/3$%

Question : 12 [SSC CGL Tier-1 2011]

Price of a commodity has increased by 60%. By what per cent must a consumer reduce the consumption of the commodity so as not to increase the expenditure ?

a) 60%

b) 37.5%

c) 37%

d) 40.5%

Question : 13 [SSC CGL Prelim 2000]

If food prices go up by 10%, by how much should a man reduce his consumption so as not to increase his expenditure?

a) The data is not sufficient

b) 10%

c) 9$1/11$%

d) 11$1/9$%

Question : 14 [SSC CPO S.I.2008]

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

a) 66$2/3$%

b) 62$1/3$%

c) 60%

d) 72%

Question : 15 [SSC CPO S.I.2007]

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) 8% increase

b) 4% decrease

c) 4% increase

d) 8% decrease