The price of sugar is increased by 20%. By what percent must the consumption of sugar be decreased so that the expenditure on sugar may remain the same ?
Percent & Percentage
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Question

The price of sugar is increased by 20%. By what percent must the consumption of sugar be decreased so that the expenditure on sugar may remain the same ?

KnowledgeBoat · Accepted Answer

Lets take the price of sugar to be ₹ 100 and consumption be 1 kg. Hence, total expenditure will be 100 x 1 = 100 ..........(1) The price of sugar is increased by 20%. Hence, New Price = % x 100 = = = 100 + 20 = ₹ 120 Let's take new consumption to be kg. New expenditure = ₹ (120 x ) Given that expenditure should remain same, Percentage decrease in consumption = Hence, consumption should be decreased by %.

Mathematics

The price of sugar is increased by 20%. By what percent must the consumption of sugar be decreased so that the expenditure on sugar may remain the same ?

Percent & Percentage

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The price of sugar is increased by 20%. By what percent must the consumption of sugar be decreased so that the expenditure on sugar may remain the same ?

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