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?
5 373 6400ad8ccbcfaac053ffded6
Q:
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?
- 160%false
- 262%false
- 372%false
- 4None of thesetrue
- Show Answer
- Workspace
- Discuss