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The price sugar has increased by 18%, By what percentage can a person decrease the consumption so that, there is no change in the
expenditure? (correct to one decimal place)
15.9%
15.7%
15.5%
15.3%
To determine the percentage decrease in consumption needed when the price increases, use the formula:
- Percentage decrease = (Price increase percentage ÷ (100 + Price increase percentage)) × 100
- Calculate: (18 ÷ (100 + 18)) × 100 = (18 ÷ 118) × 100 ˜ 15.2542%
- Round the result to one decimal place: 15.3%
- Option 4: 15.3% is the correct answer.
Based on this calculation:
By: santosh ProfileResourcesReport error
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