Practicing Success
The price of wheat is decreased by 13\(\frac{1}{3}\)%. Find by how much percent a man should increases his consumption so that the expenditure remains same? |
10\(\frac{1}{3}\)% 15\(\frac{1}{4}\)% 15\(\frac{5}{13}\)% 17\(\frac{1}{3}\)% |
15\(\frac{5}{13}\)% |
Price × Consumption = Expenditure *(If expenditure remains same the price is inversely proportional to consumption) Therefore, 13\(\frac{1}{3}\)% = \(\frac{2}{15}\) Price ratio: 15 : 13 Consumption: 13 : 15 ⇒ 2 (increased by) Hence, Increased percentage = \(\frac{2}{13}\) × 100% = 15\(\frac{5}{13}\)% |