When the price of sugar was increased by 32%, a family reduced its consumption in such a way that the expenditure on sugar was only 10% more than before. If 30 kg per month were consumed before, find the new monthly consumption?
Explanation:
Let the Initial Price of Rice is 100 Rs./kg
and Consumption = 30 kgs (Given)
Total Expenditure (Price/kg * Consumption) = 100 * 30 = 3000 Rs.
Now the final price of Rice is 132Rs./kg
Consumption = ?
Total Expenditure (Price/kg * Consumption) = 3000 + 3000*10% = 3300 Rs.
132 * Consumption = 3300
So Consumption this time is => 3300/132 = 25 kgs
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By: Deepak Dawra