1.

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.  \[25\frac{4}{7}%\]                   
B.  \[26\frac{4}{7}%\]
C.  \[27\frac{4}{7}%\]                   
D.  \[28\frac{4}{7}%\]
Answer» E.


Discussion

No Comment Found