Allied & ICAR Exam Bank • ALLIED_1762 MCQ • 2 Marks

Section 8: General Aptitude

Quantitative Aptitude

Subtopic: Ratios & Percentages

Question Statement:

If the price of petrol increases by 20% and a motorist wants to increase his expenditure by only 8%, by what percentage should he reduce his consumption?

Options:

  • (A) 10%
  • (B) 12%
  • (C) 8%
  • (D) 15%

Answer Key:

A

Step-by-Step Solution & Explanation

Expenditure $= P \times C \implies 1.08 = 1.20 \times C' \implies C' = 1.08 / 1.20 = 0.90$. Reduction $= 10\%$.
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