If the price of petrol increases by 40%, by what percent must a person reduce consumption so that expenditure increases by only 12%? MCQ with Answer and Explanation

If the price of petrol increases by 40%, by what percent must a person reduce consumption so that expenditure increases by only 12%?
A. 18%
B. 15%
C. 20%
D. 22%
Answer: Option C
Solution (By JKExamLibrary)
1.4 × x = 1.12 → x = 0.8, reduction 20%.

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Practice More Percentage Questions

Question #1
If the numerator of a fraction is increased by 50% and the denominator is decreased by 25%, it becomes 5/8. Find the original fraction.
A. 5/16
B. 3/8
C. 5/12
D. 7/16

Correct Answer: Option A


Explanation:
(1.5N)/(0.75D) = 2N/D = 5/8 → N/D = 5/16.

This question belongs to: Maths Percentage
Question #2
A man spends 70% of his income. If he saves Rs. 3000, what is his total income?
A. 12000
B. 10000
C. 9000
D. 8000

Correct Answer: Option B


Explanation:
Savings = 100% - 70% = 30%. 30% of Income = 3000. Income = 3000 * (100 / 30) = 10000.

This question belongs to: Maths Percentage
Question #3
To pass an exam, 40% is required. A student got 150 marks and failed by 30 marks. Maximum marks are:
A. 400
B. 450
C. 500
D. 550

Correct Answer: Option B


Explanation:
Pass marks = 150 + 30 = 180. 40% of Max = 180 → Max = 180/0.4 = 450.

This question belongs to: Maths Percentage