the price of sugar is increased by 25% find how much percent is consumption will reduce so as not to increase the expenditure please ans step by step
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Answered by
1
Answer:
hope the answer helps u
Step-by-step explanation:
See the expenditure depends upon two things
Price
Consumption
Expenditure(E)= Price(p) x Consumption(c)
Now, if you increase the price of sugar by 25%, then the price becomes 125% of itself
So, if the price becomes (125/100)p
And also, the expenditure becomes E=(125p/100) x c
In order to keep the expenditure same the consumption must go down accordingly
Hence, E= (125/100)p x (100/125)c in order for the expenditure to be the same.
Now the consumption becomes 100/125 times of the original which is 80%. Thus the consumption must go down by 20% in order for the expense to remain the same
Answered by
1
Let price of 1 kg sugar = ₹100
After 25% increase in price we get
1kg sugar in ₹125
So we get in 100 ₹ sugar = 100/125x 1= 4/5 kg
Decrease in weight of sugar 1-4/5 = 1/5
% decrease = 1/5x100 = 20%
Short cut ( smart method)
Price inc = 1/4 sugar reduced =1/1+4 =1/5= 20%
After 25% increase in price we get
1kg sugar in ₹125
So we get in 100 ₹ sugar = 100/125x 1= 4/5 kg
Decrease in weight of sugar 1-4/5 = 1/5
% decrease = 1/5x100 = 20%
Short cut ( smart method)
Price inc = 1/4 sugar reduced =1/1+4 =1/5= 20%
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