the price of sugar increased by 20% . what consumption be reduced so a – InterviewSolution

1.

the price of sugar increased by 20% . what consumption be reduced so as to keep the expenses in unaltered.

Answer»

As price increase and consumption are inversely proportional,

if one increases by 1/x then other should reduce by 1/(x+1)

hence 20% is 1/5, consumption should reduce by 1/6 = 16.66%

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