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Q: When the price of sugar gets raised by 30%, a person increases his expenditure on sugar only by 12%. By what percentage (correct up to two decimal places) should he reduce his consumption of sugar so as to be able to maintain the same level of expenditure?
  • A. 12.75%
  • B. 13.85%
  • C. 11. 54%
  • D. 15.75%
Correct Answer: Option B -
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Explanations:

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