The price of sugarcane rises by 50%. Then by what fraction must a person reduce his consumption so that the expenditure remains same?
A
14
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B
13
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C
12
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D
23
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Solution
The correct option is C13 Suppose the expenditure on sugar is Rs 100. To consume the same amount of sugar, he has to spend Rs 150. ⟹Reduction in expenditure is 50 out of 150 i.e., 13