Please solve the following problem and get brainliest title. step by step explanation please.
The price of petrol goes up by 10%. By what percent must a motorist reduce the consumption of petrol so that the expenditure on it remains unchanged?
Answers
Answered by
0
Answer:
i not know
Step-by-step explanation:
Answered by
0
9.09 percent (Please mark me brainliest)
Step-by-step explanation:
Let the initial price of petrol be Rs. x
Then, price after increase of 10 % = 100 + (100*10)/100
= 100 + 10
Price after increase of 10 % = Rs. 110
Now,
Reduction in consumption of petrol in percent = [{(110 - 100)}*100]/110
⇒ (10*100)/110
⇒ 100/11
⇒ 9.09 %
So, the motorists have to reduce the consumption of petrol by 9.09 %, so that the expenditure on it remains unchanged.
Similar questions