8. If prices of sugar are increased by 25%, by how much should I reduce the consumption to keep the expenditure same?25%30%30%15%20
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Answer:
Let the initial prices of sugar be p, the initial household consumption be x and let it be decreased by y% so that the net expenditure remains the same. Hence the consumption should be decreased by 20% so that there is no net change in the expenditure on sugar
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