the price of sugar goes up by 30% by what percent should a housewife reduce her consumption so that the expenditure does not increase
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Answered by
3
Answer:
Step-by-step explanation:
Answer: The required percentage would be 23.07%.
Step-by-step explanation:
Since we have given that
Price of sugar goes up by = 30%
We need to find the percent that a housewife reduce her consumption so that the expenditure does not increase.
Let R = 30%
So, percent that a housewife reduce her consumption so that the expenditure does not increase is given by
R/(R + 100) * 100
30/130 * 100
300/13
Hence, the required percentage would be 23.07%.
Answered by
6
Let price of 100kg sugar be=100rs
Price goes up by 30% , therefore new price= 130rs
In 130rs quantity of sugar can be purchased =100kg
In 100rs quantity of sugar can be purchased =100×100/130
=1000/13kg
Difference in consumption
=100/1-1000/13
=1300-1000/13
=300/13kg
% of reduction= 300/13/100×100
= 23×1/13%.
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