If the price of wheat be raised by 305, find by how
much percent a householder must reduce his con-
sumption so as not number increase his expendi-
ture?
(a) 30%
(C) 23.5%
(b) 25%
(d) 13%
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Answer:
30%
Step-by-step explanation:
expenditure =price of the wheat - consumption reduced
=305 - 305 of 30%
=213.5
therefore, 30% of 213.5 expenditure.
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