the price of sugar goes up by 20% by how much percent must a housewife reduce her consumption so that the expenditure does not increase
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Let the price be 100rs
% increase=20%
New price=120 rs
so,
%housewife should decrease the consumption=20÷120×100=16.6666
% increase=20%
New price=120 rs
so,
%housewife should decrease the consumption=20÷120×100=16.6666
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