The price of sugar has risen by 5% in the new budget. By how much per cent must a family reduce its consumption of sugar so that the expenditure on it remains u
unchanged?
ÀNS:-suppose the man consum x kg of sugar with price increased by 5%.
New price of x kg of sugar. (y+5/100y).=100y+5y/100=105/100y.
21/20y.
₹1 man can buy =20/21×x kg of sugar.
₹ y man can buy .
20x/21y ×y=20x/21
Reduction in consumption.
x/1-20/21x kg.
21x-20x/21 =x/21.
In hundred kg .x/21×1/x×100.
100/21 =4 16/21
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Answer:
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 =120120−100×100=350=16.66=approx. 17 %
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