If the price of petrol be raised by 20%, then what is the percentage by which a car owner must reduce
its consumption so as not to increase his expenditure on petrol?
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If the price of petrol be raised by 20%, then what is the percentage by which a car owner must reduce
its consumption so as not to increase his expenditure on petrol?
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Formula Applied
→ Required % reduce = (Reduced value in Rs. * 100 ) / (initial Price)
Acc. To Ques.
= {(5/3) * 100} / 10
= (5 * 100) / (3 * 10)
= (50/3)
≈ 16. 67% .