Question:

The Municipality of a town increases water tax by 20% and water consumption decreased by 20%. Then the percentage of increase or decrease in the monthly expenditure is:

Updated On: Jul 11, 2024
  • 4% increase
  • 4% decrease
  • 5% increase
  • 5% decrease
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The Correct Option is B

Solution and Explanation

The correct option is (B): 4% decrease.
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