Question

The price of diesel increases by 50 %. Find by how much percent a truck owner must reduce his consumption in order to maintain the same budget?

A. 11.11 %

B. 22.22 %

C. 33.33 %

D. 44.44 %

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Answer 1

Answer:

33.33%

Step-by-step explanation:

Formula=

final-initial/final*100

150-100/100*100=33.33%

Answer 2

Step-by-step explanation:

Given: The price of diesel increased by $50$%

To find: The reduction of consumption.

For calculation of reduction of consumption,

We know that to find reduction percent, $final-\frac{initial}{final}$ × $100$ ,

⇒$150-\frac{100}{100}$ × $100$

⇒ $33.33$ %

The consumption must be reduced by C. $33.33$% to maintain the same budget.