The price of sugar fell by 10%.if the same amount of money has to spent on sugar as before , by how much percent must the consumption of sugar be increased
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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=50 /3
=16.66=approx. 17 %
Hope it helps u.
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