How many percent should a man reduce the use of Petrol whose price has increased by 10% so that he may have to spend no extra money?
Answers
Answered by
4
Answer:
If petrol price increase by 10% or 1/10, consumption will decrease by 1/(10+1) = 1/11 or 9 1/11% to keep expenditure constant.
Answered by
5
Answer:
100/11 % = 9.09 %
Step-by-step explanation:
Let before increasing the price of petrol we are purchasing 1 litre petrol in 100 rs . So total quantity 100×1=100.
After increasing the price of petrol 10% let we are receiving x litre petrol. Then final quantity 110×x=100x
After equating initial and final quantity we will get the value of x.
100×1=110×x
Then x=10÷11
Initially we are getting 1 litre and after increment we are getting 10÷11
Reduction in amount of petrol 1-(10÷11)
That is 1÷11
= 1÷11×100%
=100/11% = 9.09%
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