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The price of a certain item is increased...

The price of a certain item is increased by 15%. If a consumer wants to keep his expenditure on the item the same as before, how much percent must reduce his consumption of that item ?

A

`15%`

B

`13 (1)/(23)%`

C

`16 (2)/(3)% `

D

`10 (20)/(23)%`

Text Solution

Verified by Experts

The correct Answer is:
B
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