The price of sugar increased by 20%. But expenses
increased only by 10%. What is the percentage increase
or decrease in consumption ?
Answers
Answered by
5
Answer:
8.33 % decrase in consumption
Step-by-step explanation:
Let say consumption = C kg
Price Per kg = P Rs
Total Expense = CP
Price increased by 20 %
=> increased Price = P + (20/100)P = 1.2P
Expense Increased by 10 %
Expense = CP + (10/100)CP = 1.1CP
Consumption = 1.1CP/1.2P = 11C/12
Consumption decreased by C - 11C/12 = C/12
% decrease in consuption = ((C/12)/C ) * 100 = 8.33 %
Similar questions