The price of wheat is decreased by 17.5%. If the expenditure on sugar is to be kept same then the ratio between increase in consumption to actual consumption will be: |
33:7 22:7 7:22 7:33 |
7:33 |
Price × Consumption = Expenditure *(If expenditure remains same the price is inversely proportional to consumption) Therefore, 17.5% = \(\frac{7}{40}\) Price ratio: 40 : 33 Consumption: 33 : 40 Hence, Increase : Actual Consumption: 7 : 33 |