Question

The price of car increased by 5%. If the new price was Rs 22,050, what was the old price?

Answer 1

Answer:

Let the original price of the sugar be Rs100

And the consumption be 1kg

Then total expenditure will be Rs100×1=Rs100

Now, when price is increased by 20 %, then new price is Rs120

Then new expense will be Rs120×1=Rs120

For expense to be same to Rs100,

% decrease in sugar consumption =

120

120−100

×100=

3

50

=16.66=approx. 17 %

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