MCQOPTIONS
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| 1. |
The price of oil is increased by 20%. However, the expenditure on it increases by 15%. What is the percentage increase or decrease in the consumption of oil? |
| A. | \(6\frac{1}{4}\% \), decrease |
| B. | \(4\frac{1}{6}\% \), decrease |
| C. | \(14\frac{1}{6}\% \), increase |
| D. | \(6\frac{1}{4}\% \), increase |
| Answer» C. \(14\frac{1}{6}\% \), increase | |