Question:
If the price of sugar increased by 20% then what will be rate of decrease in the consumption so as to maintain the expenditure remains unaltered.
A15 1/7%
B16 2/3%
C18 1/2%
D17 1/2%
Answer:
B. 16 2/3%
Explanation:
(20/100+20 X 100)% = 2000/120 = 16 2/3%
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