The ratio of prices of Coffee and Tea is 3 : 4 and the ratio of their quantities consumed by a family is 4 : 7. Find the ratio of expenditures on Coffee and Tea.
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 3 : 7.
Given:
The ratio of prices of Coffee and Tea is 3 : 4.
The ratio of their quantities consumed by a family is 4 : 7.
Formula used:
Expenditure = Price × Consumption
Calculation:
Expenditures on Coffee/Expenditures on Tea = (3 × 4 )/(4 × 7) = 3/7
Hence, the required ratio is 3 : 7.