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The price of a commodity is increased by...

The price of a commodity is increased by `40%` By what per cent should a consumer reduce his consumption so that his expenditure on the commodity remains constant ?

A

`25(4)/(7)%`

B

`26(4)/(7)%`

C

`24(4)/(7)%`

D

`28(4)/(7)%`

Text Solution

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The correct Answer is:
D

Let the original price be Rs. 100x.
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