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UPSC CDS Math Percentage Questions
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© examsnet.com
Question : 14
Total: 31
When prices rise by 12%, if the expenditure is to be the same, what is the percentage of consumption to be reduced ?
[2017 CDS-II]
16
2
3
%
10
2
7
%
16
3
5
%
10
5
7
%
Validate
Solution:
Expenditure = Price × Consumption
Let p and q be the initial price and consumption respectively.
Suppose the consumption afterprice rise be Q.
∴
p
q
=
(
p
+
12
100
p
)
Q
⇒
Q
=
100
112
q
Therefore, percentage reduction in consumption
=
(
q
−
100
112
q
q
)
×
100
%
=
1200
12
%
=
75
7
%
=
10
5
7
%
Trick:
If the price of a commodity increases by k%, then to keep expenditure constant, decrease in consumption is
k
(
100
+
k
)
×
100
%
∴ Reduction in consumption
=
12
(
100
+
12
)
×
100
%
=
12
112
×
100
%
=
75
7
%
=
10
5
7
%
© examsnet.com
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