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Q.

If the price of sugar is increased by 7%, then by how much percent should a housewife reduce her consumption of sugar, to have no extra expenditure? 

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a

 100 over 107%

b

107 over 100%

c

7%

d

 7 over 107%

answer is A.

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Detailed Solution

% reduction in consumption

=% change in price 100+% change in price ×100=7100+7%=7107%

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