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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 he 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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