the wholesale price of crisis by 12.5% by how much percent should I family reduces consumption of commodity so that his expenditure remains same?
Answers
Answered by
1
Answer:
12.5
Step-by-step explanation:
Let initially consumers consumes x amount in RS.100x
after price decrease by 12.5%,
Now consumers consumes y amount in RS.87.5y
According to the question,
100x=87.5y
⟹ y/x = 100/87.5
⟹ x/y = 87.5/100
⟹ 1 - x/y = 1 - 87.5/100
⟹ (y - x)/y = 12.5/100
%Decrease in comsumption
= (y - x)/y × 100
= (12.5/100) × 100
= 12.5
Answered by
0
Answer:
more points i take
Step-by-step explanation:
reason: karma
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