the price of sugar is increased by 25% .by what % should the consumption of sugar is reduced so that the expenditure on its remains the same.
Answers
Answered by
4
Answer:
20%
Step-by-step explanation:
let both be 100%
So,(100/100)*(100/100)=1
So, if the price increased by 25%,total money will be 125%.If the expenditure must be same, we must have the same ans. i.e. 1
So,on equating
(125/100)*(x/100)=1,
We get x as 80%.
i.e. consumption must be reduced by 100%-80%=20%
Similar questions