the price of sugar goes up by 20%. by how much percentage must have a housewife reducer condition of sugar so, The expenditior on sugar remains the same?
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Given:
The increase in sugar is 20%
To Find:
Reduction % of sugar consumption
Solution:
- Let,the consumption of sugar be 1 unit.
- Let, the cost of 1 unit sugar be ₹ 100.
- New cost of 1 unit sugar will be ₹ 120.
- Now, ₹120 yield will yield 1 unit of sugar
- ∴ ₹100 will yield unit = unit of sugar
- Reduction in consumption :
unit
- ∴Reduction % in consumption:
%=%
⇒
- ∴ Reduction% in consumption=
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