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The price of pomegranates is decreased b...

The price of pomegranates is decreased by `16(2)/(3)%` . By how much percent must a customer increase his consumption so that his expenditure remains the same ?

A

`20%`

B

`22%`

C

`26%`

D

`24%`

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem, we need to determine how much a customer must increase their consumption of pomegranates to keep their expenditure the same after a price decrease of \(16\frac{2}{3}\%\). ### Step-by-Step Solution: 1. **Convert the Percentage to a Fraction:** The percentage decrease is \(16\frac{2}{3}\%\). We can convert this to an improper fraction: \[ 16\frac{2}{3} = \frac{50}{3}\% \] To convert this percentage to a decimal, we divide by 100: \[ \frac{50}{3} \div 100 = \frac{50}{300} = \frac{1}{6} \] 2. **Calculate the New Price:** Let's assume the original price of pomegranates is \(P\). After a decrease of \(\frac{1}{6}\) of the price, the new price \(P'\) can be calculated as: \[ P' = P - \frac{1}{6}P = \frac{5}{6}P \] 3. **Set Up the Expenditure Equation:** Let \(C\) be the original consumption. The original expenditure \(E\) can be expressed as: \[ E = P \times C \] After the price decrease, if the consumption increases to \(C'\), the new expenditure remains the same: \[ E = P' \times C' = \frac{5}{6}P \times C' \] 4. **Equate the Expenditures:** Since the expenditures are equal: \[ P \times C = \frac{5}{6}P \times C' \] We can cancel \(P\) from both sides (assuming \(P \neq 0\)): \[ C = \frac{5}{6}C' \] 5. **Solve for the New Consumption:** Rearranging gives: \[ C' = \frac{6}{5}C \] 6. **Calculate the Increase in Consumption:** The increase in consumption is: \[ \text{Increase} = C' - C = \frac{6}{5}C - C = \left(\frac{6}{5} - 1\right)C = \frac{1}{5}C \] 7. **Calculate the Percentage Increase:** The percentage increase in consumption is given by: \[ \text{Percentage Increase} = \left(\frac{\text{Increase}}{C}\right) \times 100 = \left(\frac{\frac{1}{5}C}{C}\right) \times 100 = 20\% \] ### Final Answer: The customer must increase their consumption by **20%** to keep their expenditure the same. ---
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