The price of sugar is increased by 20%.
What should be the percentage change in the
consumption of sugar so that the expenses
does not increase ?
Answers
Answered by
2
Answer:
50/3 percent..or 16 whole 1/3
Answered by
1
Answer:
16.7%
Step-by-step explanation:
let price of sugar be x, consumption be c, expense be e
price of sugar × quantity of consumption = Expenses
e = x×c
price of sugar increases by 20%
=> price = x×(1+20%) =x×(1.2)
=1.2x
let the consumption decrease by m%
=> consumption = c×(1-m%) , so that
1.2x × c(1-m) = e
e =xc
1.2x× c(1-m) =xc
xc × 1.2×(1-m) =xc
1.2×(1-m) = 1
1-m =1/1.2 = 0.8333
m =1-0.833 = 0.167
m%=0.167×100 = 16.7%
consumption of sugar is decreased by 16.7%
hope this helps
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