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Percentage

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  1. The price of coffee is increased by 15% and a house wife reduced her consumption of coffee by 15% and hence her expenditure on coffee ?
    1. Remains unchanged
    2. Increased by 4%
    3. Decreased by 4%
    4. Decreased by 2.25%
Correct Option: D

Consumption Decreases = (common %)2/100
= 225/100
= 2.25%.


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