The prices of sugar is incerased by 25%. If a family wants to keep its expenses on sugar unaltered, then the family will have to reduce the consumption of sugar by
Correct Answer: 20%
Explanation:
Let original price be ₹ 100
Then, increased price = ₹ 125 ∴ Reduction in consumption
= [(125 - 100)/125 ] x 100%
= (25/125) x 100 %
= 20%
