the price of sugar is increased by 20% by how much kg of consumption is decreased so as expenditure will increased by 5% only when he originally consume 280 kg sugar
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Answer:
Note: check this attachment for explaination
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Step-by-step explanation:
let the price of sugar be 100
price increased= 100*120/100=120
let expenditure be 100
expenditure increased= 100*105/100= 105
A/Q (120-105)/120= 15/120(units)
120 represent 280
1unit-280/120
=2.3
therefore, consumption= 15*2.3=31.5kg
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