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The price of sugar is increased by 21%. ...

The price of sugar is increased by 21%. A person wants to increase his expenditure by 12% only. By what percent should he decrease his consumption , nearest to one decimal place?
चीनी की कीमत 21% से बढ़ जाती है| एक व्यक्ति अपना व्यय केवल 12% बढ़ाना चाहता है | उसे अपनी खपत में कितने प्रतिशत ( एक दशमलव स्थान तक सही ) की कमी करनी चाहिए ?

A

0.074

B

0.072

C

0.076

D

0.4

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we can follow these calculations: ### Step 1: Understand the initial conditions Let’s assume the initial price of sugar is Rs. 100. Therefore, the initial expenditure can be calculated based on the initial consumption. ### Step 2: Calculate the new price after the increase The price of sugar is increased by 21%. - New Price = Initial Price + (21% of Initial Price) - New Price = 100 + (21/100 * 100) = 100 + 21 = Rs. 121 ### Step 3: Determine the desired expenditure The person wants to increase his expenditure by 12%. - Initial Expenditure = Initial Price * Initial Consumption (let's assume consumption is 1 unit for simplicity) - Initial Expenditure = 100 * 1 = Rs. 100 - New Expenditure = Initial Expenditure + (12% of Initial Expenditure) - New Expenditure = 100 + (12/100 * 100) = 100 + 12 = Rs. 112 ### Step 4: Set up the equation for new consumption Let the new consumption be \( C \). The new expenditure can also be expressed as: - New Expenditure = New Price * New Consumption - 112 = 121 * C ### Step 5: Solve for new consumption Now we can solve for \( C \): - C = 112 / 121 - C ≈ 0.9256 (approximately) ### Step 6: Calculate the decrease in consumption The initial consumption was 1 unit. The new consumption is approximately 0.9256 units. - Decrease in consumption = Initial Consumption - New Consumption - Decrease in consumption = 1 - 0.9256 = 0.0744 units ### Step 7: Calculate the percentage decrease in consumption To find the percentage decrease: - Percentage Decrease = (Decrease in Consumption / Initial Consumption) * 100 - Percentage Decrease = (0.0744 / 1) * 100 ≈ 7.44% ### Step 8: Round to one decimal place Rounding 7.44% to one decimal place gives us approximately 7.4%. ### Final Answer The person should decrease his consumption by approximately **7.4%**. ---
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PINNACLE-PERCENTAGE-EXERCISE
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