Question

mr abhimanyu Bannerjee is worrieed about the balance of his monthly budget. the price of petrol has increased by 40%. if Mr. Banerjee wanted to limit the in-
crease in his expenditure to 5% on his basic expendi-
ture on petrol then what should be the corresponding
decrease in consumption so that expenditure exceeds
only by 5%?
​

Answer 1

Answer:

$mr abhimanyu Bannerjee is worrieed about the balance of his monthly budget. the price of petrol has increased by 40%. if Mr. Banerjee wanted to limit the in-</p><p>crease in his expenditure to 5% on his basic expendi-</p><p>ture on petrol then what should be the corresponding</p><p>decrease in consumption so that expenditure exceeds</p><p>only by 5%?</p><p>$