The price per kilo of sugar decreases by 20%. by what % should be the consumption be increase such that the expenditure remains the same?
Answers
Answered by
0
Answer:
Let the original price of the sugar be Rs100
And the consumption be 1kg
Then total expenditure will be Rs100×1=Rs100
Now, when price is increased by 20 %, then new price is Rs120
Then new expense will be Rs120×1=Rs120
For expense to be same to Rs100,
% decrease in sugar consumption =
120
120−100
×100=
3
50
=16.66=approx. 17 %
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Answered by
0
Answer:
25%
Step-by-step explanation:
Let Assume price of sugar = 100 x
After decrease = 80 x
Ratio of initial and Final price = 100x : 80x = 5x : 4x
Price * Consumption = Expenditure
Since expenditure is same we can write,
Ratio of initial and final Consumption = 4x : 5x
Consumption should be increased by
Consumption is increased by 25 %
Note
Since Expenditure is same
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