The price of ghee is increased by 32%. Therefore, a family reduces its consumption, so that the increment in price of ghee is only 10%. If consumption of ghee is 10 kg before the increment, then what is the consumption now?
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expenditure= price× consumption
new expenditure= 110% of 10kg
let assume the new consumption is x
so,
(110×10)/100 = (132x)/100
or, x = (110×10)/132
or, x = 8⅓
new expenditure= 110% of 10kg
let assume the new consumption is x
so,
(110×10)/100 = (132x)/100
or, x = (110×10)/132
or, x = 8⅓
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