Question

the price of wheat falls by 16% by what percent can a person increase his consumption of wheat so that his overall budget does not change​

Answer 1

Answer:

Increase in consumption = [R(100−R)×100][R(100-R)×100]% = (1684×100)(1684×100)% =  4002140021% =  19.04 % =  19 %.

Answer 2

A person can increase his consumption of wheat by 19.04% so that his overall budget does not change.

Step-by-step explanation:

Since we have given that

The price of wheat falls by 16%.

Let x = 16%

so, the percent can a person increases his consumption of wheat is given by

$\dfrac{x}{100-x}\times 100\\\\=\dfrac{16}{100-16}\times 100\\\\=\dfrac{16}{84}\times 100\\\\=19.04\%$

Hence, a person can increase his consumption of wheat by 19.04% so that his overall budget does not change.

# learn more:

The price of petrol rose by 20%. By what percent should a motorist reduce his consumption so that his expenditure on petrol does not increase?

https://brainly.in/question/3145702