Finding Increase or Decrease Percentage in Situations
Due to an inc...
Question
Due to an increase in the price of sugar by 25%, by how much per cent must a house holder decrease the consumption of sugar so that there is no increase in the expenditure of sugar?
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Solution
Let the price before increase be Rs.100
Then , as the tpercentage increase =25%
Therefore, increase in price =25100×100
=Rs.25
Therefore increased price =Rs.125
Therefore the percentage by which house wife should decrease the consumption be( 25125×100)%