MCQOPTIONS
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| 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. | |