7. If the price of petrol be raised by 12.5%, find by what percentage should a consumer decrease the consumption of petrol so that there is no change in his monthly expenditure on petrol ?
Answers
Answered by
1
Answer:
hi
Step-by-step explanation:hi
Answered by
1
Answer:
11.11%
Step-by-step explanation:
increase in price ihn %=12.5%
decrease in percent of consumption= %change/(100+%change) *100
=12.5/112.5 * 100=11.11%
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