Price of a commodity has increased by 60%. By what per cent must a consumer reduce the consumption of the commodity so as not to increase the expenditure ?

Price of a commodity has increased by 60%. By what per cent must a con

1.	Price of a commodity has increased by 60%. By what per cent must a consumer reduce the consumption of the commodity so as not to increase the expenditure ?
A.	35.5 %
B.	37.5 %
C.	38.5 %
D.	25%
Answer» C. 38.5 %

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Price of a commodity has increased by 60%. By what per cent must a consumer reduce the consumption of the commodity so as not to increase the expenditure ?

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