Subject

    MBA Exam

    Topic

    Evening MBA-DU(17th Batch)

    The price of rice goes up by 25%. By how much should the consumption of rice be reduced to keep the total expenditure on rice at the previous level?

    ক)
    25%
    খ)
    20%
    গ)
    33.3%
    ঘ)
    24%

    Explanation

    At 25% rise, current price=100+25=125 tk in 125 taka there is 25 tk in  1 taka there is 25/125 tk in 100 taka there is 25 x 100/125 tk=20%

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