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    The price of sugar increased by 22.5%. Anita wants to keep her expenditure on sugar same as before. By what percentage must she reduce her consumption
    Question

    The price of sugar increased by 22.5%. Anita wants to keep her expenditure on sugar same as before. By what percentage must she reduce her consumption of sugar (correct to two place of decimals)?

    A.

    19.24%

    B.

    18.37%

    C.

    18.80%

    D.

    17.12%

    Correct option is B

    Given:

    Price of sugar increased by 22.5%

    Solution:

    Let the price of CNG be Rs100

    Increased price = 100 + 22.5% of 100  = Rs. 122.5

    Reduction on Rs. = 122.5 - 100 = Rs. 22.5​​

    Reduction on Rs 100 = 22.5122.5×100=18.37%\frac{22.5}{122.5}\times 100 = 18.37\%

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