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Price of tea has increased by 20% but I ...

Price of tea has increased by 20% but I have decided to increase my expenditure towards tea by 15% only. By what percentage should I reduce my consumption (correct to one place of decimal) in order to be able to maintain the same level of expense towards tea ?

A

`4.2`

B

`4.8`

C

`5.6`

D

`5.4`

Text Solution

Verified by Experts

The correct Answer is:
A
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