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The price (per litre) of petrol increases by 50%. By what percent should its consumption be reduced such that the expenditure on it increases by 41% o
Question

The price (per litre) of petrol increases by 50%. By what percent should its consumption be reduced such that the expenditure on it increases by 41% only?

A.

6%

B.

8%

C.

94%

D.

93%

Correct option is A

Given:

Price per litre increases by 50%

Expenditure increases by 41%

Formula Used:

Expenditure = Price × Consumption

Solution:

Let the original price = 100, original consumption = 100

New price = 150

New expenditure = 141

New consumption = 141150\frac{141}{150}​ = 0.94 or 94%

Reduction in consumption = 100% − 94% = 6% 

Alternate Solution: 

Reduction in consumption;

150141150×100=9150×100=6%\frac{150-141}{150}\times 100 = \frac{9}{150} \times 100 = 6\%​​

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