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%.Options28%25%30%24%

Question

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%.Options28%25%30%24%
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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%, let's denote the original price as P and the new price as P1. So, P1 = P + 0.12P = 1.12P.

The expenditure on Jowar is raised by 40%, let's denote Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study prob

Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solve study problem.
Knowee AI StudyGPT is a powerful AI-powered study tool designed to help you to solv

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