Consumption stable

If the price of sugar rises from Rs 6/kg to Rs 7.50/kg. A person having no increase in his expenditure on sugar, will have to reduce his consumption by?

Correct answer:

p =  20 %

Step-by-step explanation:

a=6 Rs/kg b=7.5 Rs/kg  a m = (1p/100) m b a= (1p/100) b  a/b = 1p/100  p=100 (1ba)=100 (17.56)=20%



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