Practicing Success
The price of sugar is increased by 16\(\frac{2}{3}\)% and the consumption of a family decreased by 20%. Find the percentage of change in the expenditure of that family. |
6\(\frac{2}{3}\)% increase 6\(\frac{2}{3}\)% decrease 6\(\frac{1}{4}\)% decrease 12\(\frac{1}{2}\)% increase |
6\(\frac{2}{3}\)% decrease |
Original : Changed Price = 6 : 7 (16\(\frac{2}{3}\)% = \(\frac{1}{6}\)) Consumption = 5 : 4 (20% = \(\frac{1}{5}\)) Expenditure = 30 : 28 Expenditure = 15 : 14 Diff. = -1 ⇒ Expenditure decreased by = \(\frac{1}{15}\) = 6\(\frac{2}{3}\)% |