Question
Download Solution PDFThe ratio of the market prices of gram and pea is 2 : 5, and the ratio of the quantities consumed by a family is 4 : 3. Find the ratio of the expenditure on gram to pea.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Ratio of market prices of gram and pea = 2 : 5
Ratio of quantities consumed by the family = 4 : 3
Formula used:
Expenditure on an item = Market Price × Quantity Consumed
Ratio of expenditure = (Ratio of Market Prices) × (Ratio of Quantities Consumed)
Calculation:
Ratio of expenditure = (2 : 5) × (4 : 3)
⇒ (2 × 4) : (5 × 3)
⇒ 8 : 15
∴ The correct answer is option (3).
Last updated on Jul 10, 2025
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