The price of sugar is increased by 20%. If the expenditure is not allowed to increased. Then ratio between the reduction in consumption and the original consumption?
Correct Answer: 1 : 6
Explanation:
Reduction in consumption = (20/120) x 100% = 50/3%
∴ Reduction in consumption /Original consumption = (50/3) / 100 = 1/6 = 1 : 6
