The price of sugar is reduced by 25%but inspite of the decrease Ram ends up increasing his expenditure on sugar by 20% .what is the percentage change in his monthly consumption of sugar ?
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Step-by-step explanation:
Let initial price of sugar be Rs.100 per kg
Let total consumption be 100 Kg
Total expenditure =100×100 =Rs. 10,000
New price =Rs.75per kg
Let new consumption be x kg
New total expenditure =Rs.75x
Total expenditure on sugar increases by 20 %
10,000 * 120/100 = n75x
100 * 120 = 75x
x = 160
His consumption increased from 100 kg to 160 kg.
60 % increase in his monthly consumption.
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