| Q.2 | Due to an increase of 20 percent in the price of wheat, the consumer decreases his consumption by 15 percent. What is the percentage change in total expenditure? | |
| Ans | 1. 1.6 percent | |
| 2. 4 percent | ||
| 3. 6 percent | ||
| 4. 8 percent |
Correct Ans: 3
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