When the cost of cigarettes increases by 25 %, a man reduces his annual consumption by 10 %. Find the % change in his annual expenditure on cigarettes?
Answers
Step-by-step explanation:
For this
let this person consume 20 cigarettes per anum at 20 rs per cigarette
so the expenditure was
20×20=400
now rate is increased by 25% so the new rate is
20×125/100 = 25
and expenditure is reduced by 10%
20×90/100=18
new expenditure is
25×18=450
difference is 450 - 400 = 50
% change is
50×100/400= 12.5%
answer
Answer:
12.5% change in his annual expenditure om cigarettes.
Step-by-step explanation:
In this question,
Cost of a cigarettes increases by 25%, a man reduces his annual consumption by 10%.
We need to find the %change in his annual expenditure on cigarettes?
For this
Let the person consume 30 cigarettes per annum at 30 Rs. per cigarette
So the total expenditure was
30 × 30 = 900
Now rate is increased by 25% so the new rate is
Now, man reduces his annual consumption by 10%.
New expenditure is
37.5 × 27 = 1012.5
Difference between initial expenditure and final expenditure
1012.5 - 900 = 112.5
% change is
Therefore, 12.5% change in his annual expenditure om cigarettes.