In the new budget session, the price of wheat is increased by 25%, then in what part should a person use his wheat so that his expenditure does not increase?
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lets assume ₹100/kg is initial price
then, final price be ₹125/kg
consider 100kg as initial consumption.
and final consumption be as X.
Now expenditure be.
Price×consumption
as initial and final expenditure is same,
hence,
100×100=125×X
10000/125=X
X=80.
so we get 80kg(final consumption) out of 100kg(initial consumption)
80/100= 4/5 part wheat or 80%
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