Example 11. The price of milk increases by 20% and a family reduces
their consumption of milk in such a way that the expenditure due to milk
decreases by 4% than before. By what per cent has the family decreased the
consumption of milk?
Answers
Answered by
0
Answer:
Let the family's initial consumption be nlitres of milk.
and the price of milk be p rupee per litre.
⟹ initial expenditure=Rs.np
On 20% increase in price, new price =1.2p
On 20% decrease in consumption, new consumption =0.8n
implies New expenditure=1.2p×0.8n=Rs.0.96np
⟹ decrease in expenditure=npnp−0.96×100=4%
Answered by
0
Please mark me as the Brainliest
Attachments:
Similar questions