When the cost of Beverages increased by 40%, the person said that the rise had increased his cost of living by 8%. Before the change in price, the…

CA Foundation · Quantitative Aptitude · PYQS · January 2025
When the cost of Beverages increased by 40%, the person said that the rise had increased his cost of living by 8%. Before the change in price, the percentage of his cost of living was due to buying Beverages is :
(A) A. 20%
(B) B. 15%
(C) C. 5%
(D) D. 2%

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 20%

Topics: Part-A: Business Mathematics

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