From 2000 onwards till 2003 the price of computers increased every

From 2000 onwards, till 2003 the price of computers increased every year by 10%. After that due to government subsidy the price of computers decreases every year by 10%. The price of a computer in 2006 will be approx. how much per cent less than the price in 2000 if the same pattern of price is continued :

A. 2

B. 3

C. 4

D. 5

Answer: Option B

Solution (By Examveda Team)

Year	Value
2000	100 (Let)
2001	110
2002	121
2003	133.1
2004	119.79
2005	107.811
2006	97.0299

$$\eqalign{ & {\text{Now}}, \cr & \frac{{ {\left( {100 - 97.0299} \right) \times 100} }}{{100}} \approx 3 \cr} $$

If the price of the commodity is increased by 50% by what fraction must its consumption be reduced so as to keep the same expenditure on its consumption?

A. $$\frac{1}{4}$$

B. $$\frac{1}{3}$$

C. $$\frac{1}{2}$$

D. $$\frac{2}{3}$$

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Solution (By Examveda Team)

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