Question

The price of sugar was increased by 32%. A family reduces its consumption so that expenditure on sugar is up by 10% only. If total consumption before the price rise was 10 kg/month, what is the current consumption (kg/month)?

• A. 9.5
• B. 9
• C. 8.33
• D. 8
• E. 7.5

Hint:

Formula: $\text{New Consumption} = \text{Old Consumption} \times \frac{100 + \% \text{increase in Exp}}{100 + \% \text{increase in Price}}$.

Answer 1

The Correct Option is C