Practicing Success
The price of rice is decreased by 12%. Find by how much percent a man should increases his consumption so that the expenditure remains same? |
13\(\frac{7}{11}\)% 16\(\frac{2}{3}\) 15\(\frac{1}{9}\)% 13\(\frac{1}{9}\)% |
13\(\frac{7}{11}\)% |
Price × Consumption = Expenditure *(If expenditure remains same the price is inversely proportional to consumption) Therefore, 12% = \(\frac{3}{25}\) Price ratio: 25 : 22 Consumption: 22 : 25 ⇒ 3 (increased by) Hence, Increased percentage = \(\frac{3}{22}\) × 100% = 13\(\frac{7}{11}\)% |