SOLUTION: Price of sugar is increased by 25%. The percentage of consumption to be decreased so that there would be no increase in the expenditure is
(a) 18% (b) 20 %
(c
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-> SOLUTION: Price of sugar is increased by 25%. The percentage of consumption to be decreased so that there would be no increase in the expenditure is
(a) 18% (b) 20 %
(c
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Question 977149: Price of sugar is increased by 25%. The percentage of consumption to be decreased so that there would be no increase in the expenditure is
(a) 18% (b) 20 %
(c) 22% (d) 24% Found 2 solutions by FrankM, usamasattar20@gmail.com:Answer by FrankM(1040) (Show Source):
You can put this solution on YOUR website! Think of it this way. A pound of sugar went from $1 to $1.25 per pound.
You go in to a store and ask how much sugar $1 will buy you.
$1 * 1lb/$1.25 = .8 lbs
.8lbs/1lb = .80 or 1-.80 = 20% less
1.25 and .80 are reciprocals.
