Mathematics
NULL
Medium
Question
Water tax rises 20% but consumption falls 20%. What is the net change in expenditure?
A
No change
B
5 % decrease
C
4 % increase
D
4 % decrease
✓ Official correct answer
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A
No change
No member explanations yet for this option.
B
5 % decrease
No member explanations yet for this option.
C
4 % increase
No member explanations yet for this option.
D
4 % decrease
No member explanations yet for this option.
Explanation
Factor = 1.2 × 0.8 = 0.96 ⇒ 4% decrease.