Question

If the price of petrol be raised by 20%,than what is the percentage by which a car owner must reduce its consumption so as not to increase his expenditure on petrol?​

Answer 1

→ Required % reduce = (Reduced value in Rs. 100 ) / (initial Price) = {(5/3) * 100} / 10 = (5 * 100) / (3 * 10) = (50/3) ≈ 16. 67% .

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