If the price of cooking gas increase by 36%by what percentage should a family decrease its consumption of cooking gas so that expenditure on cooking gas remains same as earlier
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Solution
Let x be the Initial price of the gas
Let y be the initial consumption of cooking gas .
Total Expenditure = Price of the gas * Consumption = x*y.
Price of cooking gas increase by 36%
So new price of the gas = x + 36*x /100 = 1.36x
Let new household consumption be a.
Final Expanditure will be 1.36x * a
In order to not let the expenditure increase
Initial expenditure = final expenditure
x*y = 1.36x*a
a=100y/136.
So final consumption we got is 100y/136 part
Decrease in consumption = y - 100y/136 = (136y-100y)/136 = 36 y /136
Thus, consumption should decrease by = (36/136)*100% = 26..47%