Rate of tomato last month was Rs.40 a kg. This month they are costlier by 50%. What is the price of the tomato this month?
Answers
Answered by
1
Answer:
Old price=Rs 26 per Kg.
New price=Rs 30 per Kg.
Increase in price =Rs 4 per Kg.
Increased percentage =
26
4
×100=
13
200
%
Now, reduction in consumption, so as to keep the expenditure fixed,
According to formula, (
100+a
a
)×100
wher a=
13
200
100+
13
200
13
200
×100=13.33%
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