Water tax is increased by 20% but its consumption is decreased by 20 %. Then, the increase or decrease in the expenditure of the money is:________?
Q1. Water tax is increased by 20% but its consumption is decreased by 20 %. Then, the increase or decrease in the expenditure of the money is:________?
Answer: 4 % decrease
Explanation: New expenditure = 1.20 × 0.80 = 0.96 of original; this represents a 4% decrease.