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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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