Kerosene price up 20%. To keep expenditure same, reduce consumption by: MCQ with Answer and Explanation

Kerosene price up 20%. To keep expenditure same, reduce consumption by:
A. 16.67%
B. 20%
C. 15%
D. 18%
Answer: Option A
Solution (By JKExamLibrary)
Reduction = (20/120)×100 = 16.67%.

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Practice More Percentage Questions

Question #1
A number is increased by 20% and then decreased by 20%. What is the net change?
A. 2% decrease
B. 4% increase
C. 4% decrease
D. No change

Correct Answer: Option C


Explanation:
Net change = x^2 / 100 % decrease. 20^2 / 100 = 400 / 100 = 4% decrease.

This question belongs to: Maths Percentage
Question #2
Length of rectangle increased by 10%, breadth decreased by 10%. Percentage change in area:
A. 2% decrease
B. 1% increase
C. No change
D. 1% decrease

Correct Answer: Option D


Explanation:
1.1 × 0.9 = 0.99, 1% decrease.

This question belongs to: Maths Percentage
Question #3
What percent of 200 is 40?
A. 10%
B. 25%
C. 15%
D. 20%

Correct Answer: Option D


Explanation:
(40/200)×100 = 20%.

This question belongs to: Maths Percentage