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 -
Explanations:
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