The cost of Jowar increased by 12%. How much percent its consumption also be increased such that the expenditure on it’s raised by 40%.Options24%25%28%30%
Question
Solution 1
The problem can be solved using the formula for expenditure which is:
Expenditure = Price * Consumption
Given that the price of Jowar increased by 12% and the expenditure increased by 40%, we can set up the equation as follows:
1.12 * Consumption = 1.4 * Original Consumption
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