The price of a commodity is reduced to its `(5)/(6)` th.
What is the percentage reduction in the price ?

Last year the cost of a commodity was ₹50. This year, the cost of the commodity increased to ₹60. What is the percentage change in its price?

the price of a commodity is decreased by 25% By what percentage must its consumption increase so that the expenditure on its remains unchanged?

The price elasticity of supply of a commodity is 0.5. The percentage change in quantity supplied is 4% . What is the percentage change in price?

The price index of a commodity is 140. Then, the percentage increase in price of the commodity in current year as compared to the base year is :

Price of a commodity has in creased by 60%. By what per cent must a consumer reduce the consumption of the commodity so as not to Increase the expenditure?