If the price of petrol increases by 50%, by what percent must a car owner reduce consumption to keep expenditure constant? MCQ with Answer and Explanation

If the price of petrol increases by 50%, by what percent must a car owner reduce consumption to keep expenditure constant?
A. 25%
B. 30%
C. 35%
D. 33.33%
Answer: Option D
Solution (By JKExamLibrary)
New price 1.5, multiplier needed = 1/1.5 = 2/3, reduction = 1 - 2/3 = 33.33%.

This question belongs to: Maths Percentage

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55% of a number is 33 less than 70% of the same number. The number is:
A. 200
B. 240
C. 180
D. 220

Correct Answer: Option D


Explanation:
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This question belongs to: Maths Percentage
Question #2 Report Error
Allows 15% discount, still gains 19% profit. Markup % on CP:
A. 35%
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Correct Answer: Option D


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Correct Answer: Option C


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