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SSC Sample Paper Mock Test-19 SSC CGL Tear-II Paper-1

  • question_answer
    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)  \[62\frac{1}{3}\]

    C)  \[72\]

    D)  \[66\frac{2}{3}\]

    Correct Answer: D

    Solution :

    Required increase per cent \[=\frac{40}{100-40}\times 100\] \[=\frac{40}{60}\times 100=\frac{200}{3}=66\frac{2}{3}%\]


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