Question
Download Solution PDFThe price of rice increased by 10%. By how much should we reduce the consumption, so that the expenditure does not increase on rice?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven Data:
Price increase: 10%
Concept Used:
Proportional reduction in consumption to keep expenditure the same
Calculation:
⇒ New price: 110 (if initial price is 100)
⇒ Reduction in consumption to keep expenditure same:
Hence, the consumption should be reduced by
Last updated on Jul 7, 2025
-> SSC MTS Notification 2025 has been released by the Staff Selection Commission (SSC) on the official website on 26th June, 2025.
-> For SSC MTS Vacancy 2025, a total of 1075 Vacancies have been announced for the post of Havaldar in CBIC and CBN.
-> As per the SSC MTS Notification 2025, the last date to apply online is 24th July 2025 as per the SSC Exam Calendar 2025-26.
-> The selection of the candidates for the post of SSC MTS is based on Computer Based Examination.
-> Candidates with basic eligibility criteria of the 10th class were eligible to appear for the examination.
-> Candidates must attempt the SSC MTS Mock tests and SSC MTS Previous year papers for preparation.