If the duty on an article is reduced by 40% of its present rate, by how much per cent must its consumption increase in order that the revenue remains unaltered ?

If the duty on an article is reduced by 40% of its present rate, by ho

1.	If the duty on an article is reduced by 40% of its present rate, by how much per cent must its consumption increase in order that the revenue remains unaltered ?
A.	60%
B.	<table><tr><td rowspan="2">62</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>1</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
C.	72%
D.
E.	<table><tr><td rowspan="2">66</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>
Answer» E. <table><tr><td rowspan="2">66</td><td style="border-bottom:1px solid #000000;vertical-align:bottom;padding-bottom:2px;"><center>2</center></td><td rowspan="2">%</td></tr><td align="center">3</td></table>

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If the duty on an article is reduced by 40% of its present rate, by how much per cent must its consumption increase in order that the revenue remains unaltered ?

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