.The price of petrol is increased by 24%. A person wants to increase his expenditure by 14% only. By what percentage should he decrease his consumption in order to maintain the same level of expenditure?
Options:
1. 8.1
2. 8.3
3. 7.4
4. 7.6
Correct Answer: 8.1
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Step-by-step explanation:
A person wants to increase his expenditure by 14% only. By what percentage should he decrease his consumption in order to maintain the same level of expenditure? Hecan purchase petrol for 11400/124=91.9 or 92 l only. That translates to decrease ofconsumption by 8%.
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