Question

The price of sugar increased by 20%. What percent of sugar would the family have to stop using so that they pay the same amount of money each month?

Answer 1

Answer:

9.16

Step-by-step explanation:

We know that

Total expense = price of sugar * consumption

let price of sugar was 100

So total expense = 100*10=1000

But now new expense =1100 (I,e.10% more than 1000)

and new price =120(i,e. 20% more than 100)

So new consumption = new expense/ new price=

1100/120

=110/12

=9.16

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Answer 2

Answer:

16 2/3 %   or approx. 16.67%

Step-by-step explanation:

Original price = 100%

New price = 100+20% = 120%

To reduce back to 100%

we need to reduce 20% from 120 % = 20/120 = 1/6 = 16 2/3 % = 16.7% approx.