The price of sugar is decreased by 10%. By what percent can a person increase consumption so that there is no change in expenditure?
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. 100/9%.
If the price of sugar decreased by 10%,
Then the increase in consumption so as not to decrease the expenditure is:
(10/90) × 100 = (100/9)%