If the price of pectrol is increase by 30% , by what percentage a person can decrease the consumption of pectrol in order to maintain the same budget?
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Answer:
76.92%
Step-by-step explanation:
Step-by-step explanation:
Let the consumption of sugar originally be 1 unit and let its cost be Rs 100.
Then, the new cost will be Rs130.
Now, Rs 130 will yeild ( 1/130 × 100 ) unit= 10/13 unit of sugar.
Then, reduction in consumption = ( 1 - 10/13 ) = 10/13 unit
Therefore, reduction % in consumption = ( 10/13 × 100 )%
= 76.92 %
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