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The price of sugar goes up by 20% By how much per cent must a houseugeMPLE15.reduce her consumption of sugar so that the expenditure on sugar remainisthe sume? |
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Answer» Price × consumption = constant initial price = pchanged price = p' = 1.2pinitial consumption= Cchanged consumption= c' p'c' = pc 1.2p × c' = pc c' = pc/1.2p c' = c/1.2 = 0.83c Reduction in consumption is 17%please like the solution 👍 ✔️ |
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