Q225
If the duty on an article is reduced by 40% of his present rate by how much percent must its consumption increase in order that the revenue remains unaltered ?
A.
60%
B.
%
C.
72%
D.
%
AnswerAnswer: Option D
Solution
Answer: Option D
Solution:
% change = × 100%Required answer :
= × 100
= × 100
=
= %