The price of sugar is increased by 20%. If the expenditure on sugar has to be kept the same as earlier, the ratio between the reduction in consumption and the original consumption is:
A
1:3
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B
1:4
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C
1:6
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D
1:5
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Solution
The correct option is C1:6
a+b+ab100=0 (as the expenditure has to be same)
20+b+20b100=0
⟹1.2b=−20⟹b=−201.2=503
Reduction in quantity of sugar (in percentage) =503