Question

The price of bananas rises from $2 per kg to $4 per Kg. Ethan doesn't want to increase his grocery expenditure on bananas .By what percentage should Ethan reduce his consumption of bananas in the given scenario?

Answer 1

Step-by-step explanation:

ur answer i hope u helpful this question

Answer 2

Concept Introduction:

To keep track of expenditure saves money and also makes us deal with money crisis in near future.

Given:

Price of bananas rises from $$2$ per kg to $$4$ per Kg.

To Find:

We have to find the value of, reduced percentage of  consumption of bananas.

Solution:

According to the problem,

Let Ethan buys x kg of banana, now since price of banana is getting double so to keep the expenditure constant Ethan have to buy half of x.

Therefore percentage will be $50$% of the banana Ethan use to buy. Hence he will reduce consumption of banana by $50$%.

Final Answer:

The value of reduced percentage of consumption is by $50$%.

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