the price of salt is increase by 40%.as a result,a family on salt will be decreases its consumption by 50%.the expenditure of the family on salt will be decreased by
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Answered by
12
Answer:
30%
Step-by-step explanation:
Let us consider before the price
increase price = 100 rs per kg
and consumption = 10 kg
So,
expenditure = 10 × 100 = 1000
now,
According to question,
price increase 40% and consumption
decreases 50%
so, new price 140
and consumption is 5 kg
new expenditure = 140 × 5 = 700
So,
savings is 1000 - 700 = 300
now
the percentage decrease on
expenditure is
(300/1000)×100 = 30000/1000 = 30%.
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